Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 215

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 215
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 If the permitted purchases                                                                                                       
 described above are made, there would be no impact to our remaining shareholders because the purchase price would not be paid by 
 us.                                                                                                                              |     | The redemption of our public                                                                                                           
 shares if we fail to complete our initial business combination will reduce the book value per share for the shares held by our initial 
 shareholders, who will be our only remaining shareholders after such redemptions.                                                      |

Comparison of This Offering to Those of Blank Check Companies Subject to Rule 419

The following table compares the terms of this offering to the terms of an offering by a blank check company subject to the provisions of Rule 419. This comparison assumes that the gross proceeds, underwriting commissions and underwriting expenses of our offering would be identical to those of an offering undertaken by a company subject to Rule 419, and that the underwriters will not exercise their over-allotment option. None of the provisions of Rule 419 apply to our offering.

|                      |     | Terms of Our Offering                                                                                                              |     | Terms Under a Rule 419 Offering                                                                                                        |
| Escrow               
 of offering proceeds |     | $150,000,000                                                                                                                       
 of the net proceeds of this offering and the sale of the private placement units will be deposited into a trust account located in 
 the United States with Continental Stock Transfer & Trust Company acting as trustee.                                               |     | Approximately $132,300,000                                                                                                             
 of the offering proceeds, representing the gross proceeds of this offering, would be required to be deposited into either an escrow    
 account with an insured depositary institution or in a separate bank account established by a broker-dealer in which the broker-dealer 
 acts as trustee for persons having the beneficial interests in the account.                                                            |

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|                                                |     | Terms of Our Offering                                                                                                                     |     | Terms Under a Rule 419 Offering                                                                                                           |
| Investment                                     
 of net proceeds                                |     | $150,000,000 of the net                                                                                                                   
 proceeds of this offering and the sale of the private placement units held in trust will initially be invested only in U.S. government    
 treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under        
 the Investment Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets in               
 this form is intended to be temporary and for the sole purpose of facilitating the intended business combination. To