secwatch.observer — SEC 8-K summary
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Issuer:     Blue Acquisition Corp/Cayman (BACC)
CIK:        0002059654
Form:       8-K
Filed at:   2026-09-22T01:01:39+00:00
Accession:  0001185185-26-004183
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Acquisition and Blockfusion amend deal: earnout up to 15M shares, CoreWeave warrant converted
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2059654/000118518526004183/0001185185-26-004183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2059654/000118518526004183/bacc8k425092026.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-004183

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