Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 48

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 48
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 the surviving company upon completion of our initial business combination, each holder of a Share Right will be required to affirmatively 
          convert its Share Rights in order to receive the one tenth (1/10) of one Class A ordinary share underlying each Share Right upon 
  consummation of the business combination. We will not issue fractional shares in connection with an exchange of Share Rights. Fractional 
         shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with the applicable provisions 
       of Cayman Islands law. As a result, you must hold Share Rights in multiples of ten in order to receive shares for all of your Share 
      Rights upon closing of a business combination. If we are unable to complete an initial business combination within the required time 
      period and we redeem the public shares for the funds held in the trust account, holders of Share Rights will not receive any of such 
                                                                  funds for their Share Rights and the Share Rights will expire worthless. |

| (1) | Assumes                                                 
 no exercise of the underwriters’ over-allotment option. |

| (2) | Includes                                                                                   
 up to 790,425 founder shares that will be surrendered to us for no consideration depending 
 on the extent to which the underwriters’ over-allotment option is exercised.               |

| (3) | Assumes no exercise of the underwriters’ over-allotment option                                                                           
 and 922,163 founder shares are surrendered to us for no consideration. Comprised of 17,500,000 Class A ordinary shares included in       
 the units to be sold in this offering, 539,750 private placement shares included in the private placement units, 175,000 representative  
 shares and 6,147,750 Class B ordinary shares (or founder shares). Founder shares are currently classified as Class B ordinary            
 shares, which shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation 
 of our initial business combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment as described    
 below adjacent to the caption “Founder shares                                                                                            
 conversion and anti-dilution rights.”                                                                                                    |

| (4) | Assumes no exercise of the underwriters’ over-allotment option                                                                          
 and 922,163 founder shares are surrendered to us for no consideration. Comprised of 17,500,000 Share Rights included in the units to be 
 sold in this offering and 539,750 private placement rights