Blue Water Acquisition Corp. III (BLUW) CFO reports no beneficial ownership

Rhea-AI Filing Summary

Blue Water Acquisition Corp. III disclosed an initial ownership report for its Chief Financial Officer, Troy Rillo. The filing states that, as of the event date of 11/25/2025, he does not beneficially own any non-derivative or derivative securities of Blue Water Acquisition Corp. III. The report is filed as a single-person Form 3, confirming his officer role and current lack of reported equity holdings in the company.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Rillo Troy

(Last) (First) (Middle)

C/O BLUE WATER ACQUISITION CORP. III

1012 SPRINGFIELD AVENUE

(Street)

MOUNTAINSIDE NJ 07092

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/25/2025

3. Issuer Name and Ticker or Trading Symbol
Blue Water Acquisition Corp. III [ BLUW ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Troy Rillo	12/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Blue Water Acquisition Corp. III (BLUW) report in this Form 3?

The company reports an initial statement of beneficial ownership for its Chief Financial Officer, Troy Rillo, indicating that he currently holds no beneficial ownership of the company’s securities.

Who is the reporting person in this BLUW Form 3 filing?

The reporting person is Troy Rillo, who serves as the Chief Financial Officer of Blue Water Acquisition Corp. III.

What is the event date for Troy Rillo’s Form 3 with BLUW?

The date of the event requiring this ownership statement is 11/25/2025, as disclosed in the filing.

Does the BLUW Chief Financial Officer report any beneficial ownership of company stock?

No. The explanation of responses section explicitly states that no securities are beneficially owned by the reporting person.

Is this BLUW Form 3 filed by one or multiple reporting persons?

The filing is marked as a Form filed by One Reporting Person, covering only the holdings (or lack thereof) of Troy Rillo.

What types of securities are covered in this BLUW Form 3?

The form includes sections for non-derivative securities and derivative securities, but the explanation clarifies that none are beneficially owned by the reporting person.