---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-014782"
form_type: "8-K"
ticker: "BLUW"
cik: "0002050501"
company_name: "Blue Water Acquisition Corp. III"
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T11:39:10.444824+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Blue Water Acquisition Corp. III closes upsized $253M IPO; over-allotment option fully exercised

## Summary
- Gross proceeds of $253M from 25,300,000 units at $10/unit, including 3.3M over-allotment units exercised.
- Private placement of 683,000 units to sponsor and BTIG raised $6.83M; $253M deposited in trust.
- Units (BLUWU) trading on Nasdaq; Class A shares (BLUW) and warrants (BLUWW) to trade later.
- Board expanded with four independent directors; audit and compensation committees established.
- SPAC to focus on AI, biotech, healthcare and technology sectors for initial business combination.

## SEC filing metadata
- accession: 0001641172-25-014782
- form_type: 8-K
- ticker: BLUW
- cik: 0002050501
- company_name: Blue Water Acquisition Corp. III
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/0001641172-25-014782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-014782
- JSON: https://secwatch.observer/filing/0001641172-25-014782.json
- Plain text: https://secwatch.observer/filing/0001641172-25-014782.txt

## Key facts
- Executive change
  Treavor L. Hawkins was appointed as Director at Blue Water Acquisition Corp. III.
  - Action: appointed
  - Role: Director
  source text: On June 9, 2025, in connection with the IPO, Ish S. Dugal, Treavor L. Hawkins, Timothy N. Coulson and Laurent D. Hermouet were appointed to the board of directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/0001641172-25-014782-index.htm
- Executive change
  Laurent D. Hermouet was appointed as Director at Blue Water Acquisition Corp. III.
  - Action: appointed
  - Role: Director
  source text: On June 9, 2025, in connection with the IPO, Ish S. Dugal, Treavor L. Hawkins, Timothy N. Coulson and Laurent D. Hermouet were appointed to the board of directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/0001641172-25-014782-index.htm
- Executive change
  Timothy N. Coulson was appointed as Director at Blue Water Acquisition Corp. III.
  - Action: appointed
  - Role: Director
  source text: On June 9, 2025, in connection with the IPO, Ish S. Dugal, Treavor L. Hawkins, Timothy N. Coulson and Laurent D. Hermouet were appointed to the board of directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/0001641172-25-014782-index.htm
- Executive change
  Ish S. Dugal was appointed as Director at Blue Water Acquisition Corp. III.
  - Action: appointed
  - Role: Director
  source text: On June 9, 2025, in connection with the IPO, Ish S. Dugal, Treavor L. Hawkins, Timothy N. Coulson and Laurent D. Hermouet were appointed to the board of directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/0001641172-25-014782-index.htm
- Governance Changes
  Blue Water Acquisition Corp. III: Adopted Amended and Restated Memorandum and Articles of Association (effective 2025-06-09).
  - Change: charter amendment
  - Effective: 2025-06-09
  source text: On June 9, 2025, and in connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2050501/000164117225014782/0001641172-25-014782-index.htm

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