Company: BACC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001185185-25-001689
Chunk: 1

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    Accumulated deficit 
     (5,930,502)
  
    Total Shareholders’ Deficit 
     (5,929,718)
  
    TOTAL LIABILITIES, ORDINARY SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 
    $204,890,324 

The
accompanying notes are an integral part of the unaudited condensed financial statements.

1

Table of Contents 

BLUE
ACQUISITION CORP.
UNAUDITED CONDENSED STATEMENT OF OPERATIONS

    Three Months  
    For the  Period From  February 10,  2025 (Inception) 

    Ended  
    Through 

    September 30, 2025  
    September 30, 2025 
  
    Operating expenses: 

    Formation, general and administrative expenses 
    $79,150  
    $194,790 
  
    Legal and accounting expenses 
     98,956  
     115,738 
  
    Administrative services fee – related party 
     15,500  
     17,833 
  
    Listing fees 
     26,888  
     26,888 
  
    Insurance expense 
     18,904  
     22,397 
  
    Total operating expenses 
     239,398  
     377,646 
  
    Loss from operations 
     (239,398) 
     (377,646)

    Other income: 

    Income earned on cash and marketable securities held
    in Trust Account 
     2,106,133  
     2,427,270 
  
    Interest income on operating account 
     12,350  
     13,089 
  
    Other income 
     2,118,483  
     2,440,359 
  
    Net income 
    $1,879,085  
    $2,062,713 

    Weighted average shares outstanding of redeemable Class A ordinary shares 
     20,125,000  
     9,155,579 

    Basic and diluted net income per share, redeemable Class A ordinary shares 
    $0.10  
    $0.79 

    Weighted average shares outstanding of non-redeemable Class A and Class B ordinary shares 
     7,837,163