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Blue Acquisition Corp/Cayman Director's Dealing 2025

Jun 18, 2025

33392_dirs_2025-06-18_684779b0-580f-455a-92f0-43dcc33e35ec.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blue Acquisition Corp/Cayman (BACC)
CIK: 0002059654
Period of Report: 2025-06-16

Reporting Person: Blue Holdings Sponsor LLC (10% Owner)
Reporting Person: Blue Holdings Management LLC (10% Owner)
Reporting Person: Seth Ketan (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-06-16 Class A ordinary shares P 391000 $10 Acquired 391000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-06-16 Rights to receive Class A ordinary shares $ P 391000 Acquired Class A Ordinary Shares (39100) Direct

Footnotes

F1: Reflects the 391,000 Class A ordinary shares of Blue Acquisition Corp. (the "Issuer") that are included in the 391,000 private placement units of the Issuer purchased by Blue Holdings Sponsor LLC ("Sponsor"). Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination.

F2: The Sponsor is the record holder of the shares reported herein. Blue Holdings Management LLC is the managing member of the Sponsor. Ketan Seth is the managing member of Blue Holdings Management LLC and holds voting and investment discretion with respect to the Class B ordinary shares held of record by the Sponsor. As such, Mr. Seth may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Seth disclaims any beneficial ownership except to the extent of their pecuniary interest therein.

F3: Represents the 39,100 Class A ordinary shares, which may be acquired by Sponsor upon the conversion of 391,000 rights (included in the Sponsor's private placement units) upon consummation of the registrant's initial business combination. As described in the Registration Statement under the heading "Description of Securities-Share Rights," each right will automatically convert into one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination, subject to certain adjustments described therein. No fractional Class A ordinary shares will be issued upon conversion of such rights.

F4: Excluding 6,769,913 Class B ordinary shares held by the Sponsor acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor.