---
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"
generated_at: "2026-05-16T16:18:34.067457+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blue Water Acquisition Corp III completes change in control; new sponsor Yorkville BW takes over

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 1.02, 5.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-116938
- JSON: https://secwatch.observer/filing/0001104659-25-116938.json
- Plain text: https://secwatch.observer/filing/0001104659-25-116938.txt

## Key facts
- M&A Transactions
  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).
  - Action: change of control
  - Counterparty: Yorkville BW Acquisition Sponsor, LLC
  - Consideration: aggregate purchase price of $7,200,000
  - Closing: 2025-11-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2050501/000110465925116938/0001104659-25-116938-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Yorkville BW Acquisition Sponsor, LLC
  - Value: 7,200,000 USD
  - Effective: 2025-11-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2050501/000110465925116938/0001104659-25-116938-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.