Welcome to our dedicated page for Blue Acqsn news (Ticker: BACC), a resource for investors and traders seeking the latest updates and insights on Blue Acqsn stock.
Blue Acquisition Corp. (Nasdaq: BACC) is a blank check company in the Financial Services sector, classified among shell companies. Its public communications and SEC filings focus on its capital markets activity and its efforts to identify and execute an initial business combination. News about Blue Acquisition Corp. therefore centers on its initial public offering, the structure of its securities and developments related to its merger strategy.
Recent press releases describe the pricing and closing of Blue Acquisition Corp.’s initial public offering of units on the Nasdaq Global Market under the symbol BACCU. Each unit consists of one Class A ordinary share and one right, with the Class A ordinary shares and rights expected to trade separately under the symbols BACC and BACCR. These announcements also note that the gross proceeds from the offering were placed into a trust account, consistent with the company’s status as a blank check company.
Another key news theme for Blue Acquisition Corp. is its proposed business combination. A Form 8-K and related press release describe a Business Combination Agreement with Blockfusion USA, Inc., Blockfusion Data Centers, Inc. (Pubco) and merger subsidiaries. Coverage of this development includes details of the planned mergers, the role of Pubco as the anticipated publicly traded parent company, and the structure of the consideration to be issued to security holders of Blue Acquisition Corp. and Blockfusion.
On this news page, readers can follow company-issued press releases, SEC-referenced announcements and other public updates related to Blue Acquisition Corp.’s IPO, trust account arrangements, and progress toward its proposed business combination. For investors and observers tracking SPAC activity, these items provide insight into the transaction milestones, shareholder meeting plans and regulatory steps described in the company’s filings and communications.
Blockfusion (to trade via Blue Acquisition Corp, Nasdaq: BACC) will combine with Blue Acquisition to form Blockfusion Data Centers, Inc., reflecting a $450 million pre‑money equity value (implied $480 million enterprise value) and targeting a first‑half 2026 close. The company operates a clean energy‑powered Niagara Facility with 46 MW energized today and plans to expand to >100 MW of Tier 3 capacity supporting 200 kW per rack GPU workloads.
Blue Acquisition holds ~$204 million in trust; the deal aims to deliver ~$200 million to the go‑forward business via trust retention and PIPE. Management projects up to $128M revenue / $75M EBITDA by 2028 and $209M revenue / $132M EBITDA by 2030, excluding capital expenditures and contingent on capital access and customer offtake.
Blue Acquisition Corp. (Nasdaq: BACC) announced that starting August 4, 2025, holders of units from its initial public offering can begin separately trading the company's Class A ordinary shares and rights. The separated securities will trade on the Nasdaq Global Market under the symbols "BACC" (Class A ordinary shares) and "BACCR" (rights).
Units that remain unseparated will continue trading under the symbol "BACCU". This announcement marks a significant milestone in the SPAC's post-IPO phase, providing investors with more flexibility in trading the company's securities.
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