BLUE WATER ACQUISITION CORP. III SUSPENDS PARTICIPATION IN CITGO ACQUISITION PROCESS
Blue Water Acquisition Corp. III (NASDAQ:BWAC) announced on Nov 14, 2025 that it has elected to suspend participation in the ongoing CITGO acquisition process after a comprehensive review. The company said the process provided insight into U.S. energy infrastructure but that current market and regulatory conditions do not align with its immediate objectives. Blue Water thanked its investment partner that had committed capital to the transaction and stated it remains well-capitalized and focused on advancing opportunities across multiple sectors.
Blue Water Acquisition Corp. III (NASDAQ:BWAC) ha annunciato il 14 novembre 2025 che ha deciso di sospendere la partecipazione al processo di acquisizione di CITGO in corso dopo un'accurata revisione. L'azienda ha affermato che il processo ha fornito indicazioni sulla infrastruttura energetica degli Stati Uniti, ma che le condizioni di mercato e normative attuali non sono allineate con i suoi obiettivi immediati. Blue Water ha ringraziato il suo partner di investimento che aveva impegnato capitale nell'operazione e ha dichiarato di rimanere ben finanziato e concentrato sullo sviluppo di opportunità in diversi settori.
Blue Water Acquisition Corp. III (NASDAQ:BWAC) anunció el 14 de noviembre de 2025 que ha decidido suspender su participación en el proceso de adquisición de CITGO en curso tras una revisión exhaustiva. La compañía indicó que el proceso proporcionó información sobre la infraestructura energética de EE. UU., pero que las condiciones actuales del mercado y la regulación no se alinean con sus objetivos inmediatos. Blue Water agradeció a su socio de inversión que había comprometido capital para la operación y afirmó que continúa bien capitalizada y centrada en impulsar oportunidades en múltiples sectores.
Blue Water Acquisition Corp. III (NASDAQ:BWAC)는 2025년 11월 14일에 진행 중인 CITGO 인수 과정에 대한 참여를 종합적 검토 후 보류하기로 결정했다고 발표했다. 회사는 이 과정이 미국 에너지 인프라에 대한 통찰력을 제공했지만 현재의 시장 및 규제 환경이 즉각적인 목표와 일치하지 않는다고 밝혔다. Blue Water는 거래에 자본을 약속한 투자 파트너에게 감사를 표했으며 여전히 자본력이 충분하고 여러 부문에서 기회를 추진하는 데 집중하고 있다고 말했다.
Blue Water Acquisition Corp. III (NASDAQ:BWAC) a annoncé le 14 novembre 2025 qu'elle avait décidé de suspendre sa participation au processus en cours d'acquisition de CITGO après un examen approfondi. L'entreprise a déclaré que le processus avait donné un aperçu des infrastructures énergétiques américaines mais que les conditions de marché et les réglementations actuelles ne s'alignent pas sur ses objectifs immediats. Blue Water a remercié son partenaire d'investissement qui avait engagé des capitaux dans la transaction et a déclaré qu'elle restait bien capitalisée et axée sur le développement d'opportunités dans plusieurs secteurs.
Blue Water Acquisition Corp. III (NASDAQ:BWAC) gab am 14. November 2025 bekannt, dass es sich nach einer umfassenden Prüfung dazu entschieden hat, die Teilnahme am laufenden Citgo-Akquisitionsprozess auszusetzen. Das Unternehmen erklärte, dass der Prozess Einblicke in die US-Energieinfrastruktur geliefert habe, aber die aktuellen Markt- und regulatorischen Bedingungen nicht mit seinen unmittelbaren Zielen übereinstimmten. Blue Water dankte seinem Investitionspartner, der Kapital für die Transaktion zugesagt hatte, und erklärte, dass es weiterhin gut kapitalisiert sei und sich darauf konzentriere, Chancen in mehreren Sektoren voranzutreiben.
Blue Water Acquisition Corp. III (NASDAQ:BWAC) أعلن في 14 نوفمبر 2025 عن اختيارها تعليق المشاركة في عملية استحواذ CITGO الجارية بعد مراجعة شاملة. قالت الشركة إن هذه العملية وفرت رؤى حول بنية الطاقة الأمريكية، لكنها أشارت إلى أن الظروف السوقية والتنظيمية الحالية لا تتماشى مع أهدافها الفورية. وعبرت Blue Water عن شكرها لشريك الاستثمار الذي التزم رأس المال للصفقة وذكرت أنها ما تزال راسخة رأس المال ومركزة على تعزيز الفرص عبر عدة قطاعات.
- Investment partner committed capital to the proposed transaction
- Company remains well-capitalized as of Nov 14, 2025
- Suspended participation in the CITGO acquisition process on Nov 14, 2025
"The CITGO process provided valuable insight into the
Blue Water remains well-capitalized and focused on advancing opportunities in multiple sectors.
About Blue Water Acquisition Corp. III
Blue Water Acquisition Corp. III (NASDAQ: BWAC) is a special purpose acquisition company focused on merging with businesses that leverage artificial intelligence, data science, and advanced technologies to reshape energy, infrastructure, and industrial markets.
Forward-Looking Statements
This press release contains forward-looking statements subject to risks and uncertainties. Actual results may differ materially. Blue Water undertakes no obligation to update these statements except as required by law.
Contact:
Steph Mercier
15 E. Putnam Avenue, Suite 363
Stephaniem@bluewaterventurepartners.net
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SOURCE Blue Water Acquisition Corp iii
FAQ
What did Blue Water (BWAC) announce on Nov 14, 2025 about the CITGO acquisition?
Why did Blue Water Acquisition Corp. III (BWAC) suspend its participation in the CITGO process?
Does Blue Water (BWAC) still have financing committed for the CITGO deal?
How does the suspension affect Blue Water's (BWAC) financial position?
Will Blue Water (BWAC) pursue other transactions after suspending CITGO participation?
