---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-000245"
form_type: "8-K"
ticker: null
cik: "0001878074"
company_name: "Blue World Acquisition Corp"
filed_at: "2024-01-02T23:59:59+00:00"
generated_at: "2026-06-07T05:33:15.391022+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blue World Acquisition extends business combo deadline to Feb 2 with $60k deposit

## Summary
- BWAQ extended deadline to complete initial business combination from Jan 2 to Feb 2, 2024 after $60k deposit into trust account.
- Sponsor Blue World Holdings and Fuji Solar each deposited $30k; BWAQ issued unsecured promissory notes to each.
- Additionally, BWAQ issued $33,333 note to Fuji Solar for valuation expenses related to planned merger.
- Notes are non-interest bearing, payable upon business combination closing, and convertible into units at $10/unit.

## SEC filing metadata
- accession: 0001213900-24-000245
- form_type: 8-K
- cik: 0001878074
- company_name: Blue World Acquisition Corp
- filed_at: 2024-01-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1878074/000121390024000245/0001213900-24-000245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1878074/000121390024000245/ea190908-8k425_blueworld.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-000245
- JSON: https://secwatch.observer/filing/0001213900-24-000245.json
- Plain text: https://secwatch.observer/filing/0001213900-24-000245.txt

## Key facts
- Debt Financings
  Blue World Acquisition Corp incurred loan of unsecure promissory note in the principal amount of $33,333 with Fuji Solar Co., Ltd at The Notes bear no interest maturing payable in full upon the consummation of BWAQ’s business combination.
  - Instrument: loan
  - Principal: unsecure promissory note in the principal amount of $33,333
  - Counterparty: Fuji Solar Co., Ltd
  - Rate: The Notes bear no interest
  - Maturity: payable in full upon the consummation of BWAQ’s business combination
  - Event: incurrence
  source text: On December 28, 2023, pursuant to the Merger Agreement, BWAQ issued another unsecure promissory note in the principal amount of $33,333 to Fuji Solar
  evidence_url: https://www.sec.gov/Archives/edgar/data/1878074/000121390024000245/0001213900-24-000245-index.htm

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