Ketan Seth
On June 9, 2026, Ketan Seth resigned as Chief Executive Officer and a director of the Company, effective immediately.
Highest-materiality recent filing
Third Amendment adds earnout of up to 9.25M Pubco shares based on price targets; board reduced from 9 to 7.
CEO Ketan Seth resigns; CFO David Bauer appointed interim CEO
Ketan Seth resigned as CEO and director effective June 9, 2026, for family reasons; no disagreement with company.
Post-closing incentive plan increased from 8% to 12% of Pubco common shares outstanding immediately after closing.
Blue Acquisition Corp amends BCA to increase incentive plan to 8% and board to 9 members
Post-Closing equity incentive plan increased from 5% to 8% of Pubco common stock outstanding.
Blockfusion to go public via SPAC merger with Blue Acquisition at $450M pre-money equity value
Pre-money equity value of $450M; enterprise value $480M; Blue Acquisition trust holds ~$204M.
On November 19, 2025, Blue Acquisition Corp (BACC) signed a Business Combination Agreement with Blockfusion USA, Inc. and other parties.
Blue Acquisition Corp. allows separate trading of shares and rights starting Aug 4, 2025
Holders of units may elect separate trading of Class A ordinary shares and rights from August 4, 2025.
Blue Acquisition Corp. closes $201.25M IPO and $5.92M private placement; trust funded
IPO of 20,125,000 units at $10.00/unit, including full overallotment, gross proceeds $201.25M.
Blue Acquisition Corp completes IPO of 20.125M units at $10, raising $201.25M
IPO of 20,125,000 units (including full over-allotment) at $10/unit, gross proceeds $201.25M.
On June 9, 2026, Ketan Seth resigned as Chief Executive Officer and a director of the Company, effective immediately.
On June 9, 2026, Ketan Seth resigned as Chief Executive Officer and a director of the Company, effective immediately. His resignation was for family reasons and was not due to any disagreement with the Company.
On the same day, the board of directors of the Company appointed David Bauer, the Company’s current Chief Financial Officer, to also serve as the Company’s interim Chief Executive Officer.
David Bauer, Gen. (Ret.) Wesley Clark, Dino Dario Ferrari, David Bauer, Kenneth Moritsugu and Nadim Qureshi were appointed to the board of directors of the Company
David Bauer, Gen. (Ret.) Wesley Clark, Dino Dario Ferrari, David Bauer, Kenneth Moritsugu and Nadim Qureshi were appointed to the board of directors of the Company
David Bauer, Gen. (Ret.) Wesley Clark, Dino Dario Ferrari, David Bauer, Kenneth Moritsugu and Nadim Qureshi were appointed to the board of directors of the Company
David Bauer, Gen. (Ret.) Wesley Clark, Dino Dario Ferrari, David Bauer, Kenneth Moritsugu and Nadim Qureshi were appointed to the board of directors of the Company
David Bauer, Gen. (Ret.) Wesley Clark, Dino Dario Ferrari, David Bauer, Kenneth Moritsugu and Nadim Qureshi were appointed to the board of directors of the Company
Max materiality 1.00 · Median 0.80 · Most common event m_and_a