M&A
confidence high
sentiment neutral
materiality 0.60
Blue Acquisition and Blockfusion amend deal: earnout up to 15M shares, CoreWeave warrant converted
Blue Acquisition Corp/Cayman
- Sixth Amendment to BCA on 2026-09-21 increases max earnout shares to 15,000,000 from prior amount.
- Earnout thresholds: VWAP $13.00, $15.00, $17.00 over 20/30 trading days, each tranche 5,000,000 shares.
- CoreWeave warrant cancelled pre-closing; Pubco issues new warrant for 2,870,813 shares at $7.4643/share.
- Amendment excludes CoreWeave warrant from Fully-Diluted Company Shares calculation for exchange ratio.