Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 226

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 226
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 member of the sponsor, without any voting, veto, consent or other participation rights by any
non-managing sponsor investors regardless of their respective ownership. As a result of this management structure, non-managing sponsor
investors will have no right to control the sponsor, or participate in any decision regarding the disposal of any security held by the
sponsor, or otherwise.

The non-managing sponsor investors are not required to (i) hold any public units, public Class A ordinary shares or Share Rights they may purchase in this offering or thereafter for any amount of time, (ii) vote any Class A ordinary shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of our initial business combination. The non-managing sponsor investors will have the same rights to the funds held in the trust account with respect to the Class A ordinary shares comprising part of the units they may purchase in this offering as the rights afforded to our other public shareholders. However, if the non-managing sponsor investors purchase all of the units for which they have expressed to us an interest in purchasing or otherwise hold a substantial number of our units, then the non-managing sponsor investors will potentially have different interests than our other public shareholders in approving our initial business combination and otherwise exercising their rights as public shareholders because of their indirect ownership of founder shares as further discussed in this prospectus.

There can be no assurance that the non-managing
sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units these investors
will retain, if any, prior to or upon the consummation of our initial business combination. Because these expressions of interest are
not binding agreements or commitments to purchase, non-managing sponsor investors may determine to purchase a different number of units
in this offering, or none at all. Depending on how many units are purchased by the non-managing sponsor investors, the post-offering
trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more
widely offered and sold to other public investors. We do not expect any purchase of units by the non-managing sponsor investors to negatively
impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriters have full discretion to allocate the
units to investors and may determine to sell a different number or no units to the non-managing sponsor investors, and the purchase of