secwatch.observer — SEC 8-K summary
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Issuer:     Blue Water Acquisition Corp. III (BLUW)
CIK:        0002050501
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001104659-26-006779
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Water Acquisition III issues $500K convertible note to sponsor for working capital
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2050501/000110465926006779/0001104659-26-006779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2050501/000110465926006779/tm264133d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-006779

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer