Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 41

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 41
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. 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 790,425 founder shares are surrendered to us for no consideration. Comprised 
 of 15,000,000 Class A ordinary shares included in the units to be sold in this offering, 490,000 private placement shares included      
 in the private placement units, 150,000 representative shares and 5,269,500 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 790,425 founder shares are surrendered to us for no consideration. Comprised   
 of 15,000,000 Share Rights included in the units to be sold in this offering and 490,000 private placement rights included in the private 
 placement units to be sold in the private placement.                                                                                      |

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| Founder 
 shares: |     | On                                                                                                                                       
 February 20, 2025, our sponsor paid $25,000, or approximately $0.004 per share, to cover                                                 
 certain of our offering costs in exchange for 6,059,925 founder shares.