secwatch / observer
8-K filed January 27, 2026, 6:59 PM ET ticker BLUW CIK 0002050501
other material confidence high sentiment neutral materiality 0.25

Blue Water Acquisition Corp. III (BLUW): debt financing — Blue Water Acquisition III issues $500K convertible note to sponsor for working capital

Blue Water Acquisition Corp. III

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Blue Water Acquisition Corp. III incurred convertible notes of $500,000.00 with Yorkville BW Acquisition Sponsor, LLC at shall not accrue interest maturing the earlier of the date on which Company consummates its initial business combination or the date that the winding up of the Company is effective.

Instrument
convertible notes
Principal
$500,000.00
Counterparty
Yorkville BW Acquisition Sponsor, LLC
Rate
shall not accrue interest
Maturity
the earlier of the date on which Company consummates its initial business combination or the date that the winding up of the Company is effective
Event
incurrence
Exact text from the filing
On January 26, 2026, Blue Water Acquisition Corp. III (the “Company”) issued a convertible unsecured promissory note (the “Working Capital Note”) in the aggregate principal amount of $500,000.00 to Yorkville BW Acquisition Sponsor, LLC, a Florida limited liability company (the “Sponsor”), in order to provide the Company with additional working capital.
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Blue Water Acquisition Corp. III issued up to 50,000 New Units of unit to Yorkville BW Acquisition Sponsor, LLC for $500,000.00 aggregate principal amount of convertible unsecured promissory note.

Security
unit
Shares
up to 50,000 New Units
Purchaser
Yorkville BW Acquisition Sponsor, LLC
Consideration
$500,000.00 aggregate principal amount of convertible unsecured promissory note
Exact text from the filing
On January 26, 2026, Blue Water Acquisition Corp. III (the “Company”) issued a convertible unsecured promissory note (the “Working Capital Note”) in the aggregate principal amount of $500,000.00 to Yorkville BW Acquisition Sponsor, LLC, a Florida limited liability company (the “Sponsor”), in order to provide the Company with additional working capital.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blue Water Acquisition Corp. III entered into Working Capital Note with Yorkville BW Acquisition Sponsor, LLC valued at $500,000.00 (effective 2026-01-26).

Action
entry
Counterparty
Yorkville BW Acquisition Sponsor, LLC
Value
$500,000.00
Effective
2026-01-26
Exact text from the filing
On January 26, 2026, Blue Water Acquisition Corp. III (the "Company") issued a convertible unsecured promissory note (the "Working Capital Note") in the aggregate principal amount of $500,000.00 to Yorkville BW Acquisition Sponsor, LLC, a Florida limited liability company (the "Sponsor")
View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

Blue Water Acquisition Corp. III filing history →

Source: SEC EDGAR
accession 0001104659-26-006779
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