Here are the 10-K annual reports from Blue Acquisition Corp. (BACC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BACC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BACC filings page.
Blue Acquisition Corp. is a Cayman Islands-based blank check company formed in 2025 to complete a business combination, with flexibility to target any industry. It completed an IPO of 20,125,000 units at $10.00 each, raising gross proceeds of $201,250,000, plus a private placement of 592,250 units for $5,922,500, and placed $201,250,000 in a trust account.
The company must close an initial business combination by March 16, 2027, or earlier if the board opts to liquidate, with public shareholders entitled to redeem at a trust-based price that was about $10.21 per share as of December 31, 2025. It has signed a Business Combination Agreement with Blockfusion, under which Blockfusion and the SPAC would merge into a new publicly traded "Pubco" and Blockfusion security holders would receive Pubco stock valued at an aggregate $450,000,000, subject to customary closing conditions, redemptions and at least $75,000,000 of available cash including transaction financing.
Sponsor and insiders bought founder shares at a nominal price and hold anti-dilution rights that target roughly 26% of ordinary shares on an as-converted basis at business combination, so public holders face potential dilution from founder shares, private placement rights, working capital loans and any additional equity or financing used to close the Blockfusion transaction or another deal.