---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-002723"
form_type: "8-K"
ticker: "BACC"
cik: "0002059654"
company_name: "Blue Acquisition Corp/Cayman"
filed_at: "2026-06-30T12:02:24+00:00"
generated_at: "2026-06-30T12:05:36.042392+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Blue Acquisition Corp. amends BCA; Blockfusion secures anchor lease LOI for 300 MW, $175M convertible note financing

## Summary
- Third Amendment adds earnout of up to 9.25M Pubco shares based on price targets; board reduced from 9 to 7.
- Non-binding LOI with leading AI customer for up to 300 MW, 85 MW guaranteed take-or-pay for 15 years; est. $2.8B revenue over 15 years.
- Term sheet for $175M convertible note financing anchored by Sona Asset Management; conversion at premium to business combination valuation.
- Non-redemption agreement with Sona for ~$33M (3.3M shares) to support closing of Business Combination.
- Exclusivity agreement for expansion of Niagara Falls campus to support >300 MW total critical IT capacity.

## SEC filing metadata
- accession: 0001185185-26-002723
- form_type: 8-K
- ticker: BACC
- cik: 0002059654
- company_name: Blue Acquisition Corp/Cayman
- filed_at: 2026-06-30T12:02:24+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2059654/000118518526002723/0001185185-26-002723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2059654/000118518526002723/bacc8k425062926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-002723
- JSON: https://secwatch.observer/filing/0001185185-26-002723.json
- Plain text: https://secwatch.observer/filing/0001185185-26-002723.txt

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