{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-116938","form_type":"8-K","ticker":"BLUW","cik":"0002050501","company_name":"Blue Water Acquisition Corp. III","filed_at":"2025-11-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.472789+00:00","generated_at":"2026-05-16T16:18:34.067457+00:00","sec_items":["1.01","5.02","1.02","5.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Blue Water Acquisition Corp III completes change in control; new sponsor Yorkville BW takes over","bullets":["Yorkville BW Acquisition Sponsor LLC purchased 6,325,000 Class B shares and 430,000 private units from prior sponsor for $7.2M.","All prior directors (including Joseph Hernandez, Martha F. Ross) and officers resigned effective Nov 25, 2025.","New directors appointed: Mark Angelo (Chairman), Devin Nunes, Scott Glabe, Mark Hiltwein, Kevin McGurn.","Kevin McGurn named CEO and Troy Rillo appointed CFO effective upon closing.","Prior Insider Letter and Administrative Services Agreement terminated at closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-116938","json":"https://secwatch.observer/filing/0001104659-25-116938.json","markdown":"https://secwatch.observer/filing/0001104659-25-116938.md","text":"https://secwatch.observer/filing/0001104659-25-116938.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2050501/000110465925116938/0001104659-25-116938-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2050501/000110465925116938/tm2532368d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:18:34.067457+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"55fd9dc6ccc54c05f794e60b389c5b71d8f745e3","claim":"Blue Water Acquisition Corp. III underwent a change of control involving Yorkville BW Acquisition Sponsor, LLC for aggregate purchase price of $7,200,000 (closed 2025-11-25).","evidence_excerpt":"warrant entitling the holder to purchase one Class A Ordinary Share, at an exercise price of $11.50 per share (each, a “Private Warrant”), for an aggregate purchase price of $7,200,000 and (ii) upon closing, became the sponsor of the Company (together, the “Purchase”). As a condition to consummation of the Purchase, all of the then-existing members of the Board","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/2050501/000110465925116938/0001104659-25-116938-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Yorkville BW Acquisition Sponsor, LLC"},{"label":"Consideration","value":"aggregate purchase price of $7,200,000"},{"label":"Closing","value":"2025-11-25"}],"fact_type":"ma_transaction"},{"claim_id":"e00a51fd586d9a75e8d92a0f728243357d39c2c9","claim":"Blue Water Acquisition Corp. III entered into Purchase Agreement with Yorkville BW Acquisition Sponsor, LLC valued at 7,200,000 USD (effective 2025-11-25).","evidence_excerpt":"On November 25, 2025, Blue Water Acquisition Corp. III (the “Company”), Blue Water Acquisition III LLC (the “Prior Sponsor”) and Yorkville BW Acquisition Sponsor, LLC (the “New Sponsor”) entered into a Purchase Agreement (the “Purchase Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2050501/000110465925116938/0001104659-25-116938-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Yorkville BW Acquisition Sponsor, LLC"},{"label":"Value","value":"7,200,000 USD"},{"label":"Effective","value":"2025-11-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}