---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-003449"
form_type: "8-K"
ticker: null
cik: "0001852889"
company_name: "Investcorp AI Acquisition Corp."
filed_at: "2026-04-13T23:59:59+00:00"
generated_at: "2026-05-15T06:36:38.556451+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IVCA SPAC to combine with Blue Finance; New Irish parent to list on Nasdaq

## Summary
- Upfront consideration: 21,985,971 New Pubco shares at $10 each to Blue Finance shareholders; additional 814,029 and 1,200,000 shares to HSC and MFC Tech at $0.0001/share.
- Earnout over 5 years: up to 3M shares if VWAP ≥$15; up to 3M shares if market cap ≥$1B; aggregate cap 30M shares.
- Sponsor (Samara Special Opportunities) agrees to vote for deal, not redeem, and cancel 11,261,250 private warrants at closing.
- Lock-up: 12 months for certain Blue Finance holders; may be waived/released by target representative after 6 months.
- Closing conditions: shareholder approvals, SEC Form F-4 effective, Nasdaq listing for New Pubco; outside date Nov 4, 2026.

## SEC filing metadata
- accession: 0001829126-26-003449
- form_type: 8-K
- cik: 0001852889
- company_name: Investcorp AI Acquisition Corp.
- filed_at: 2026-04-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852889/000182912626003449/0001829126-26-003449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852889/000182912626003449/investcorpalacq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-003449
- JSON: https://secwatch.observer/filing/0001829126-26-003449.json
- Plain text: https://secwatch.observer/filing/0001829126-26-003449.txt

## Source-grounded claims
- claim_id: 0d1c1bbd3de1f6e2cfcee4a0eafaf6298027ba0c
  claim: Investcorp AI Acquisition Corp. entered into Business Combination Agreement with Blue Finance Technology Holding Limited, Beckwell One Limited, Eaton One Limited, and Oliver Larholt as representative (effective 2026-04-08).
  evidence_excerpt: on April 8, 2026, it executed a Business Combination Agreement with Blue Finance Technology Holding Limited ("Blue Finance"), Beckwell One Limited ("New Pubco"), Eaton One Limited ("Merger Sub"), and Oliver Larholt as representative of the Blue Finance shareholders holding 96% of Blue Finance's outstanding capital stock ("Target Representative")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852889/000182912626003449/0001829126-26-003449-index.htm

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