Every 10-Q that Blue Acquisition Corp. (BACC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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., a Cayman Islands SPAC, reported total assets of $209.6 million as of June 30 2026, largely comprising $209.3 million of cash and marketable securities in its Trust Account, or $10.40 per Public Share. The company generated net income of $2.05 million for the six months ended June 30 2026, driven by $3.64 million of interest income on Trust investments, while incurring $1.60 million of operating expenses.
Blue Acquisition had a working capital deficit of $1.97 million and disclosed that it lacks sufficient liquidity to fund operations for at least one year, raising substantial doubt about its ability to continue as a going concern. It must complete an initial Business Combination by March 16 2027 or liquidate. The company continues to pursue its proposed Blockfusion Business Combination, amending the agreement to expand Pubco’s post-closing equity incentive pool to 12% of outstanding shares and add an earnout of up to 9,250,000 Pubco Class A Shares over a 36‑month period based on share‑price performance.
Blue Acquisition Corp., a SPAC, reported a Q1 2026 net income of $1.1 million, mainly from $1.8 million of interest on the $207.5 million held in its Trust Account, which equates to about $10.31 per public share.
Operating expenses were $698,884, producing an operating loss as the company continues pursuing its initial business combination with Blockfusion. Cash outside the trust was $358,534 with a working capital deficit of $1.1 million, and management disclosed substantial doubt about the company’s ability to continue as a going concern absent a deal before March 16, 2027.
The filing also notes amendments to the Blockfusion merger agreement, including increasing the post-closing incentive equity plan to 12% of Pubco common stock outstanding immediately after closing and extending the transaction’s outside date.
Blue Acquisition Corp. (BACC) filed its quarterly report for the period ended September 30, 2025. The SPAC closed its IPO on June 16, 2025, selling 20,125,000 units at $10.00 each for gross proceeds of $201,250,000. Funds were placed in a trust account; cash and marketable securities in trust totaled $203,677,270 as of September 30.
The company reported quarterly net income of $1,879,085, largely from $2,106,133 of income earned on trust investments, against operating expenses of $239,398. Cash outside the trust was $1,045,403 with working capital of $1,061,429. A $7,043,750 deferred underwriting fee remains contingent on completing a business combination.
Management states there is substantial doubt about the company’s ability to continue as a going concern within one year from issuance. Public shareholders may redeem their shares in connection with a business combination or certain charter amendments. Each unit includes one Class A share and a right; ten rights convert into one Class A share upon closing of the initial business combination.