secwatch.observer — SEC 8-K summary
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Issuer:     Blue Water Acquisition Corp. IV (BWIV)
CIK:        0002082847
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001493152-26-013223
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Water Acquisition Corp. IV closes $130M IPO, deposits proceeds in trust
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- IPO of 13,000,000 units at $10.00/unit (including 500K over-allotment) raised gross $130M.
- Simultaneous private placement of 425,000 units to sponsor and BTIG raised $4.25M.
- Net proceeds of $130M placed in trust as of March 23, 2026; includes $4.55M deferred underwriting.
- Working capital of ~$849K; audit report includes going-concern explanatory paragraph.
- Company has 21 months to complete initial business combination; no target selected yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2082847/000149315226013223/0001493152-26-013223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2082847/000149315226013223/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-013223

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