Company: BACC
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001185185-25-000948
Chunk: 0

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1.
Financial Statements.

BLUE
ACQUISITION CORP.
UNAUDITED CONDENSED BALANCE SHEET

JUNE 30, 2025

    June 30, 

    2025 
  
    ASSETS 

    Current Assets: 

    Cash 
    $1,235,432 
  
    Prepaid expenses - current 
     82,032 
  
    Due from related party 
     10,321 
  
    Total Current Assets 
     1,327,785 
  
    Non-current Assets: 

    Cash and marketable securities held in Trust Account 
     201,571,137 
  
    Prepaid expenses – non-current 
     71,507 
  
    Total Non-current Assets 
     201,642,644 
  
    TOTAL ASSETS 
    $202,970,429 

    LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 

    Current Liabilities: 

    Accounts payable 
    $47,376 
  
    Accrued expenses 
     8,503 
  
    Administrative services fee payable – related party 
     2,333 
  
    Total Current Liabilities 
     58,212 
  
    Non-current Liabilities: 

    Deferred underwriter fee liability 
     7,043,750 
  
    Total Non-current Liabilities 
     7,043,750 
  
    TOTAL LIABILITIES 
     7,101,962 

    Commitments and Contingencies (Note 7) 

    Class A ordinary shares subject to possible redemption, $0.0001 par value; 20,125,000 shares issued and outstanding at redemption value of $10.00 per share 
     201,571,137 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 767,250 shares issued and outstanding (excluding 20,125,000 shares subject to possible redemption) 
     77 
  
    Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,069,913 shares issued and outstanding