other_material
confidence high
sentiment neutral
materiality 0.25
Blue Water Acquisition III issues $500K convertible note to sponsor for working capital
Blue Water Acquisition Corp. III
- Issued $500,000 convertible promissory note to Yorkville BW Acquisition Sponsor, LLC on Jan 26, 2026.
- Note non-interest bearing, due upon earlier of business combination or winding up.
- Convertible at $10/unit into units identical to private placement units (max 50,000 New Units).
- Issued under Section 4(a)(2) exemption; proceeds for working capital.
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