---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-019396"
form_type: "8-K"
ticker: "BWIV"
cik: "0002082847"
company_name: "Blue Water Acquisition Corp. IV"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:18:42.837738+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# BWIV enters LOI to acquire Maha Capital AB subsidiaries for ~$490M reference value

## Summary
- LOI for substantially all of Maha Capital AB subsidiaries; reference valuation ~$490M (SEK 12.84/share, 351.99M shares as of Apr 27).
- Acquisition includes Venezuelan energy assets under OFAC General License 52 and an AI-driven fintech credit platform.
- Planned separation of fintech into a standalone public company within 30-90 days post-closing.
- Expected close within ~90 days, subject to due diligence, regulatory and shareholder approvals; no definitive agreement yet.
- Joseph Hernandez to serve as Chairman and interim CEO of the combined company.

## SEC filing metadata
- accession: 0001493152-26-019396
- form_type: 8-K
- ticker: BWIV
- cik: 0002082847
- company_name: Blue Water Acquisition Corp. IV
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2082847/000149315226019396/0001493152-26-019396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2082847/000149315226019396/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-019396
- JSON: https://secwatch.observer/filing/0001493152-26-019396.json
- Plain text: https://secwatch.observer/filing/0001493152-26-019396.txt

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