Bluerock Acquisition Corp. closes $172.5M IPO and $4.5M private placement, funds trust account

Bluerock Acquisition Corp.

IPO of 17,250,000 units at $10/unit; full over-allotment exercised; gross proceeds $172.5M.
Private placement of 4,500,000 warrants at $1 each to sponsor and underwriter; gross $4.5M.
$172.5M placed in trust account; balance sheet shows $879,728 cash outside trust.
Company has 24 months from Dec 12, 2025 to complete initial business combination.
Total transaction costs $10.96M, including $3M cash underwriting fee and $7.35M deferred.

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