Overview
- TickerBACC on Nasdaq1
- IndustryBlank Checks1
- HeadquartersNewport Beach, California1
- Incorporated inCayman Islands2
- Business address1601 Anita Lane, Newport Beach, Ca 926602
- Filer category, Emerging growth company2
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Combination. The Public Units were sold at a price of $10.00 per Public Unit, generating gross proceeds to our Company of $201,250,000.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year, latest first.7
| Period ending | 2025-12-31 |
|---|---|
| Formation, general and administrative expenses | $227.1K |
| Legal and accounting expenses | $1.5M |
| Administrative services fee related party | $32.8K |
| Listing fees | $49.6K |
| Insurance expense | $41.3K |
| Total operating expenses | $1.9M |
| Loss from operations | -$1.9M |
| Income earned on cash and marketable securities held in Trust Account | $4.4M |
| Interest income on operating account | $22.3K |
| Other income | $4.4M |
| Net income | $2.5M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2025-01-31 |
|---|---|---|
| Cash | $560.8K | |
| Prepaid expenses - current | $82.0K | |
| Due from related party | $15.4K | |
| Total Current Assets | $658.3K | |
| Cash and marketable securities held in Trust Account | $205.6M | |
| Prepaid expenses non-current | $33.7K | |
| Total Non-current Assets | $205.7M | |
| TOTAL ASSETS | $206.3M | |
| Accounts payable | $107.1K | |
| Accrued expenses | $962.0K | |
| Administrative services fee payable related party | $5.0K | |
| Total Current Liabilities | $1.1M | |
| Deferred underwriter fee liability | $7.0M | |
| Total Non-current Liabilities | $7.0M | |
| TOTAL LIABILITIES | $8.1M | |
| Commitments and Contingencies (Note 7) | $0 | |
| Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 20,125,000 shares issued and outstanding at redemption value | $205.6M | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | $0 | |
| Additional paid-in capital | $0 | |
| Accumulated deficit | -$7.4M | |
| Total Shareholders Deficit | -$7.4M | $0 |
| TOTAL LIABILITIES, ORDINARY SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | $206.3M | |
| Preference shares, par value (in Dollars per share) | $0.00 | |
| Preference shares, shares authorized (in Shares) | 5.0M shares | |
| Preference shares, shares issued (in Shares) | 0 shares | |
| Preference shares, shares outstanding (in Shares) | 0 shares |
| Period ending | 2025-12-31 | 2025-01-31 |
|---|---|---|
| Cash | $560.8K | |
| Prepaid expenses - current | $82.0K | |
| Due from related party | $15.4K | |
| Total Current Assets | $658.3K | |
| Cash and marketable securities held in Trust Account | $205.6M | |
| Prepaid expenses non-current | $33.7K | |
| Total Non-current Assets | $205.7M | |
| TOTAL ASSETS | $206.3M | |
| Accounts payable | $107.1K | |
| Accrued expenses | $962.0K | |
| Administrative services fee payable related party | $5.0K | |
| Total Current Liabilities | $1.1M | |
| Deferred underwriter fee liability | $7.0M | |
| Total Non-current Liabilities | $7.0M | |
| TOTAL LIABILITIES | $8.1M | |
| Commitments and Contingencies (Note 7) | $0 | |
| Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 20,125,000 shares issued and outstanding at redemption value | $205.6M | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | $0 | |
| Additional paid-in capital | $0 | |
| Accumulated deficit | -$7.4M | |
| Total Shareholders Deficit | -$7.4M | $0 |
| TOTAL LIABILITIES, ORDINARY SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | $206.3M | |
| Preference shares, par value (in Dollars per share) | $0.00 | |
| Preference shares, shares authorized (in Shares) | 5.0M shares | |
| Preference shares, shares issued (in Shares) | 0 shares | |
| Preference shares, shares outstanding (in Shares) | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year, latest first.7
| Period ending | 2025-12-31 |
|---|---|
| Net income | $2.5M |
| Formation, general and administrative expenses paid by Sponsor under IPO Promissory Note related party | $1.1K |
| Income earned on cash and marketable securities held in Trust Account | -$4.4M |
| Prepaid expenses | -$90.7K |
| Due from related party | -$5.1K |
| Accounts payable | $107.1K |
| Accrued expenses | $962.0K |
| Administrative services fee payable related party | $5.0K |
| Net cash used in operating activities | -$881.4K |
| Purchase of treasury securities in Trust Account | -$201.2M |
| Net cash used in investing activities | -$201.2M |
| Proceeds from issuance of Class A Ordinary Shares | $201.2M |
| Proceeds from sale of Private Placement Units | $5.9M |
| Payment of underwriting fees and reimbursements | -$4.1M |
| Payment of IPO Promissory Note related party | -$203.6K |
| Excess cash contribution recorded under IPO Promissory Note related party | $167.1K |
| Payment of offering costs | -$343.9K |
| Net cash provided by financing activities | $202.7M |
| Net Change in Cash | $560.8K |
| Deferred offering costs paid by Sponsor under IPO Promissory Note related party | $25.0K |
| Prepaid expenses paid by Sponsor under IPO Promissory Note related party | $25.0K |
| Initial fair value of Class A Ordinary Shares subject to possible redemption | $183.6M |
| Remeasurement of Class A Ordinary Shares subject to possible redemption | $22.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Blue Acquisition Corp/Cayman sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Blue Acquisition Corp/Cayman
- Magnetar Financial LLC Filed SCHEDULE 13G/A on Blue Acquisition Corp/Cayman, latest Sep 4, 2026 (2 filings since Aug 8, 2025)
- Harraden Circle Investments, LLC Filed SCHEDULE 13G on Blue Acquisition Corp/Cayman, latest Aug 14, 2026
- TENOR CAPITAL MANAGEMENT Co., L.P. Filed SCHEDULE 13G/A on Blue Acquisition Corp/Cayman, latest Aug 14, 2026 (3 filings since Jun 17, 2025)
- Blue Holdings Sponsor LLC Filed SCHEDULE 13D/A on Blue Acquisition Corp/Cayman, latest Jun 18, 2026
- LMR Partners LLP Filed SCHEDULE 13G/A on Blue Acquisition Corp/Cayman, latest May 15, 2026 (2 filings since Feb 17, 2026)
- SONA ASSET MANAGEMENT (US) LLC Filed SCHEDULE 13G/A on Blue Acquisition Corp/Cayman, latest Mar 6, 2026 (2 filings since Feb 17, 2026)
- Westchester Capital Management, LLC Filed SCHEDULE 13G/A on Blue Acquisition Corp/Cayman, latest Feb 13, 2026 (2 filings since Nov 14, 2025)
- Barclays Filed SCHEDULE 13G/A on Blue Acquisition Corp/Cayman, latest Feb 11, 2026 (2 filings since Nov 12, 2025)
- Ketan Seth Filed SCHEDULE 13D on Blue Acquisition Corp/Cayman, latest Jun 23, 2025
- Blue Acquisition Corp/Cayman Newport Beach, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Blue Acquisition Corp/Cayman reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $560.8K7 Dec 31, 2025 | ||
| Deposits held (banks) | $443.9K7 Dec 31, 2025 |
Properties, in its own words
Our executive offices are located 1601 Anita Lane, Newport Beach, CA 92660-4803, and our telephone number is 646-543-5060. The cost for our use of this space is included in the $5,000 per month fee we pay to BHM, the managing member of our Sponsor for certain office space, utilities and secretarial and administrative support, pursuant to the Administrative Services Agreement. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Feb 19, 2026.3
Leadership
Who has led Blue Acquisition Corp/Cayman, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerDavid Raphael Bauer Jun 18, 2026 to now9
- Chief executive officerKetan Seth Jun 12, 2025 to Jun 18, 202610
- Chief financial officerDavid Raphael Bauer Jun 12, 2025 to now11
Board members and other officers (6)
- Board memberDario Dino Ferrari Jun 12, 2025 to now12
- Board memberDavid Raphael Bauer Jun 12, 2025 to now11
- Board memberKenneth Moritsugu Jun 12, 2025 to now13
- Board memberKetan Seth Jun 12, 2025 to now10
- Board memberNadim Z. Qureshi Jun 12, 2025 to now14
- Board memberWesley Clark Jun 12, 2025 to now15
Timeline
- Sep 25, 20268-K Regulation FD disclosure16
- Sep 22, 20268-K Entered a material agreement17
- Sep 2, 20268-K Entered a material agreement18
- Jul 31, 20268-K Entered a material agreement19
- Jul 13, 20268-K Entered a material agreement; Regulation FD disclosure20
- Jun 30, 20268-K Entered a material agreement; Regulation FD disclosure21
- Jun 18, 2026New chief executive David Raphael Bauer becomes CEO9
- Jun 10, 20268-K Executive or director change22
- May 7, 20268-K Entered a material agreement23
- Mar 19, 20268-K Entered a material agreement24
- Nov 19, 20258-K Regulation FD disclosure25
- Nov 19, 20258-K Entered a material agreement; Regulation FD disclosure26
- Jul 31, 20258-K Other events27
- Jun 12, 2025New chief executive Ketan Seth becomes CEO10
Filings
74 filings to the SEC since October 2021: 1 annual reports, 5 quarterly reports, 14 major events, 9 insider forms, 16 large holders, 29 other. The latest 20:
- Sep 25, 2026425 FORM 8-K EDGAR
- Sep 25, 20268-K EDGAR
- Sep 22, 2026425 FORM 8-K EDGAR
- Sep 22, 20268-K EDGAR
- Sep 16, 2026425 EDGAR
- Sep 4, 2026SCHEDULE 13G/A EDGAR
- Sep 2, 2026425 FORM 8-K EDGAR
- Sep 2, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 11, 202610-Q EDGAR
- Jul 31, 2026425 FORM 8-K EDGAR
- Jul 31, 20268-K EDGAR
- Jul 13, 2026425 FORM 8-K/A EDGAR
- Jul 13, 20268-K/A EDGAR
- Jun 30, 2026425 FORM 8-K EDGAR
- Jun 30, 20268-K EDGAR
- Jun 18, 20264 EDGAR
- Jun 18, 2026SCHEDULE 13D/A EDGAR
- Jun 18, 20264 EDGAR
The 74 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 16, 2025 | Bauer David RaphaelCEO and CFO | Buy | 391,000 | Form 4 | ||
| Jun 16, 2025 | Seth Ketan10% owner | Buy | 391,000 | $10.00 | $3.9M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Magnetar Financial LLCSCHEDULE 13G/A, 2 filings Aug 8, 2025 to Sep 4, 202628
- Harraden Circle Investments, LLCSCHEDULE 13G, 1 filing Aug 14, 202629
- TENOR CAPITAL MANAGEMENT Co., L.P.SCHEDULE 13G/A, 3 filings Jun 17, 2025 to Aug 14, 202630
- Blue Holdings Sponsor LLCSCHEDULE 13D/A, 1 filing Jun 18, 202631
- LMR Partners LLPSCHEDULE 13G/A, 2 filings Feb 17, 2026 to May 15, 202632
- SONA ASSET MANAGEMENT (US) LLCSCHEDULE 13G/A, 2 filings Feb 17, 2026 to Mar 6, 202633
- Westchester Capital Management, LLCSCHEDULE 13G/A, 2 filings Nov 14, 2025 to Feb 13, 202634
- BarclaysSCHEDULE 13G/A, 2 filings Nov 12, 2025 to Feb 11, 202635
- Ketan SethSCHEDULE 13D, 1 filing Jun 23, 202536
SEC filer profile
How Blue Acquisition Corp/Cayman is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBlue Acquisition Corp/Cayman1
- CIK0002059654
- Employer ID (EIN)98-18550003
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inCayman Islands3
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address1601 Anita Lane, Newport Beach, CA 926601
- Phone91791269061
- Shares outstanding20,892,250 Common Class A shares; 7,069,913 Common Class B shares as of Feb 19, 20263
- Public float$202.1M as of Jun 30, 20253
- AuditorElliott Davis, PLLC, Charlotte, North Carolina PCAOB ID 149; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMar 26, 20251
- Filings74 in all: 8-K (13), 425 (12), SCHEDULE 13G (7), SCHEDULE 13G/A (7), 3 (6), 10-Q (5), CORRESP (5), 4 (3)1
All 21 form types
UPLOAD (3), S-1/A (2), 10-K (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DRS (1), EFFECT (1), NT 10-Q (1), S-1 (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Feb 19, 2026
Quarterly report (10-Q) Aug 11, 2026
Latest 8-K (8-K) Sep 25, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one Class A Ordinary Share and one Right | BACCU | Nasdaq |
| Class A Ordinary Shares, par value $0.0001 per share | BACC | Nasdaq |
| Rights, each entitling the holder to receive one-tenth (1/10) of one Class A Ordinary Share | BACCR | Nasdaq |
From the cover page of the 10-K filed Feb 19, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks Blue Acquisition Corp/Cayman names in Item 1A of its 10-K filed Feb 19, 2026: 3 risks under these headings, as written.3
- Risks Relating to our Search for, and Consummation of or Inability to Consummate, a Business Combination
- Risks Relating to the Post-Business Combination Company
- Risks Relating to Acquiring or Operating a Business in Foreign Countries
- Risks Relating to our Management Team
- Risks Relating to our Securities and Shareholder Rights
- There is substantial doubt about our ability to continue as a “going concern.”
- We may seek to extend the Combination Period, which could reduce the amount held in our Trust Account and have adverse effects on our Company.
Legal proceedings
To the knowledge of our Management Team, there is no material litigation currently pending or contemplated against us, any of our officers or directors in their capacity as such, or against any of our property.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10SEC EDGARKetan Seth, Chief executive officer
- 11
- 12SEC EDGARDario Dino Ferrari, Board member
- 13SEC EDGARKenneth Moritsugu, Board member
- 14SEC EDGARNadim Z. Qureshi, Board member
- 15SEC EDGARWesley Clark, Board member
- 16SEC EDGARRegulation FD disclosure
- 17SEC EDGAREntered a material agreement
- 18SEC EDGAREntered a material agreement
- 19SEC EDGAREntered a material agreement
- 20
- 21
- 22SEC EDGARExecutive or director change
- 23SEC EDGAREntered a material agreement
- 24SEC EDGAREntered a material agreement
- 25SEC EDGARRegulation FD disclosure
- 26
- 27SEC EDGAROther events
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36