{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-059668","form_type":"8-K","ticker":null,"cik":"0001878074","company_name":"Blue World Acquisition Corp","filed_at":"2024-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.081618+00:00","generated_at":"2026-05-31T23:10:26.277034+00:00","sec_items":["1.01","1.02","2.01","3.01","3.03","5.01","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"TOYO Co., Ltd completes business combination with Blue World Acquisition, begins Nasdaq trading July 2 under TOYO","bullets":["Business combination closed July 1, 2024; Blue World ceased to exist; TOYO Co., Ltd is the successor listed entity.","TOYO ordinary shares begin trading on Nasdaq July 2, 2024 under ticker symbol 'TOYO'.","BWAQ warrants converted into TOYO warrants; warrants to trade on OTC Markets.","BWAQ shareholders approved the transaction on May 28, 2024; all closing conditions were satisfied.","CEO Junsei Ryu and Blue World CEO Liang Shi commented positively on the combination and Nasdaq listing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-059668","json":"https://secwatch.observer/filing/0001213900-24-059668.json","markdown":"https://secwatch.observer/filing/0001213900-24-059668.md","text":"https://secwatch.observer/filing/0001213900-24-059668.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878074/000121390024059668/0001213900-24-059668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878074/000121390024059668/ea0209049-8k425_blue.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:10:26.277034+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4838133eafc80229c267a643f0e8cda976f9b78b","claim":"Blue World Acquisition Corp underwent a change of control involving TOYO Co., Ltd (closed 2024-07-01).","evidence_excerpt":"On July 1, 2024 (the \"Closing Date\"), Blue World Acquisition Corporation, a Cayman Islands exempted company (\"BWAQ\"), consummated the previously announced business combination pursuant to the Agreement and Plan of Merger, dated as of August 10, 2023","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1878074/000121390024059668/0001213900-24-059668-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"TOYO Co., Ltd"},{"label":"Closing","value":"2024-07-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}