---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-000681"
form_type: "8-K"
ticker: "BACC"
cik: "0002059654"
company_name: "Blue Acquisition Corp/Cayman"
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-19T00:20:19.555371+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Blue Acquisition Corp. closes $201.25M IPO and $5.92M private placement; trust funded

## Summary
- IPO of 20,125,000 units at $10.00/unit, including full overallotment, gross proceeds $201.25M.
- Private placement of 592,250 units at $10.00/unit to sponsor and underwriters, gross $5.92M.
- Total $201.25M placed in trust account; audited balance sheet shows $202.9M assets, $5.69M deficit.
- Auditor notes substantial doubt about going concern due to expected high costs and limited resources.

## SEC filing metadata
- accession: 0001185185-25-000681
- form_type: 8-K
- ticker: BACC
- cik: 0002059654
- company_name: Blue Acquisition Corp/Cayman
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2059654/000118518525000681/0001185185-25-000681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2059654/000118518525000681/bacc8k062025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-000681
- JSON: https://secwatch.observer/filing/0001185185-25-000681.json
- Plain text: https://secwatch.observer/filing/0001185185-25-000681.txt

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