Blue Acquisition Corp. (BACC) is the issuer named in Amendment No. 2, in which Sona Asset Management (US) LLC, Sona Asset Management (UK) LLP, Sona Asset Management Limited, Sona Asset Management Cayman Limited, and John Aylward each report beneficial ownership of 0 Class A ordinary shares, representing 0% of the class. The U.S. and UK managers serve as investment managers to certain funds, while Aylward is described as ultimately controlling the managers’ investment and voting decisions.
Blue Acquisition Corp (BACC) issued an unsecured promissory note of up to $50,000 to Dario Dino Ferrari, a member of its board, for working capital. BACC may draw amounts from time to time before its proposed business combination with Blockfusion USA, Inc. The note bears no interest and is payable upon the earlier of the business combination or liquidation. If BACC does not complete a business combination, repayment is limited to amounts, if any, outside the IPO trust account. Ferrari waives any claim against the trust account.
Blue Acquisition Corp. (BACC) is asking shareholders to approve its proposed business combination, and the accompanying prospectus covers up to 84,508,200 shares of Blockfusion Digital Infrastructure, Inc. (Pubco) Class A common stock. Under the agreement, Blockfusion USA, Inc. security holders would receive newly issued Pubco shares, assumed options and warrants with an aggregate value of $450 million.
The agreement's $75.0 million minimum-cash condition has been waived in writing by Blockfusion. Blue and Blockfusion agreed to use reasonable best efforts to enter into financing agreements with at least $100 million in aggregate proceeds; no PIPE or other financing transactions had been identified or entered into. The trust account held approximately $211.6 million as of October 20, 2026. Shareholders are scheduled to vote on November 17, 2026; the proposed charter gives Pubco Class B shares 20 votes per share, compared with one vote for Class A.
Blue Acquisition Corp. (BACC) furnished an updated investor presentation used by Blue and Blockfusion USA, Inc. in connection with the proposed business combination involving Blockfusion Digital Infrastructure, Inc. (“Pubco”). The updated presentation supersedes in all respects the earlier version attached to a June 30, 2026 report.
Upon consummation of the transactions contemplated by the amended Business Combination Agreement, Blue and Blockfusion will become wholly owned subsidiaries of Pubco, and Pubco will become a publicly traded company. The agreement had been amended six times, most recently on September 21, 2026.
Blue Acquisition Corp. (BACC) furnished an updated investor presentation describing its proposed business combination with Blockfusion USA, Inc.; upon closing, both would become wholly owned subsidiaries of Blockfusion Digital Infrastructure, Inc. (Pubco), which would become publicly traded. Completion remains subject to conditions, including Blue shareholder approval.
Blockfusion reports a 15-year CoreWeave lease covering 35 MW, plus a 50 MW expansion agreement; the expansion requires additional power and satisfaction of conditions. Management estimates approximately $2.8 billion of revenue from 85 MW if CoreWeave activates the expansion, or approximately $5.4 billion if it exercises both five-year renewals. Forecasts assume a November 2026 closing and approximately $200 million in proceeds to Blockfusion, including an illustrative $100 million financing that was not committed. Management estimates approximately $920 million of capital expenditures for 2026 through 2029, excluding expansion and acquisition costs. Projections are unaudited, cash-based and subject to assumptions; actual results may differ materially.
Blue Acquisition Corp/Cayman (symbol: BACC) is the issuer of record for a Form 425 filing submitted to the SEC.
Blue Acquisition Corp/Cayman (symbol: BACC) is the issuer of record for a Form 8-K filing submitted to the SEC.
Blue Acquisition Corp. (BACC) reports that its proposed merger partner, Blockfusion USA, Inc., has signed a 15-year anchor lease and a companion expansion agreement with CoreWeave, Inc. for capacity at Blockfusion’s Niagara Falls, New York AI and high‑performance computing campus, converting a prior non‑binding letter of intent into definitive agreements.
The companies state that these agreements are an important step in the planned business combination among Blue, Blockfusion and Blockfusion Digital Infrastructure, Inc., which is expected, subject to customary closing conditions and shareholder approvals, to result in a publicly traded “pure‑play” HPC and AI infrastructure platform listed on Nasdaq under the ticker “BDI.”
Blue Acquisition Corp/Cayman (BACC) received an amended Schedule 13G stating that a group of institutional investors associated with Magnetar no longer beneficially owns its common stock. Amendment No. 1 reports that, as of June 30, 2026, Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman collectively held 0 shares of Blue Acquisition Corp common stock, par value $0.0001.
The filing states that this position represents approximately 0% of the outstanding common shares, and confirms that the Reporting Persons have no sole or shared voting or dispositive power over any Blue Acquisition Corp shares. The Reporting Persons therefore report ownership of 5 percent or less of this class of securities.
Blue Acquisition Corp. (BACC) reports that it has entered into a Fifth Amendment to its Business Combination Agreement with Blockfusion USA, Inc. and Blockfusion Digital Infrastructure, Inc. (“Pubco”). The amendment extends the Outside Date for closing the Business Combination to November 30, 2026, giving the parties more time to satisfy closing conditions and complete the merger in which Blue and Blockfusion would become wholly owned subsidiaries of Pubco, which is expected to be publicly traded. All other terms of the Business Combination Agreement remain in effect.