B
Blue Acquisition Corp/Cayman
BACCRCIK 0002059654NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthBlank ChecksE9FY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$2.53M
Total Assets
$206.33M
Equity
$-7.43M
Shares Out
—
Op. Cash Flow
$-881.4K
Business
Blue Acquisition Corp/Cayman is a blank check company that seeks to effect an initial Business Combination with one or more operating businesses. It offers capital, merger execution, structuring and public-market access services to target companies in connection with a Business Combination, including underwriting, sponsor support and post-transaction governance. Its key business activities and organization include its management team and sponsor-led SPAC operations, transaction sourcing and diligence, and negotiated financing arrangements. It primarily targets U.S.-based energy‑intensive manufacturing businesses and data centers and accesses public markets via Nasdaq.
Summary from filing dated 2026-02-19
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation, general and administrative expenses | 227,082 | |
| Legal and accounting expenses | 2 | |
| Administrative services fee related party | 32,833 | |
| Listing fees | 49,583 | |
| Insurance expense | 41,301 | |
| Total operating expenses | 2 | |
| Loss from operations | −2 | |
| Income earned on cash and marketable securities held in Trust Account | 4 | |
| Interest income on operating account | 22,275 | |
| Other income | 4 | |
| Net income | 3 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-01-31 |
|---|---|---|---|
| Cash | 560,813 | — | |
| Prepaid expenses - current | 82,032 | — | |
| Due from related party | 15,410 | — | |
| Total Current Assets | 658,255 | — | |
| Cash and marketable securities held in Trust Account | 206 | — | |
| Prepaid expenses non-current | 33,699 | — | |
| Total Non-current Assets | 206 | — | |
| TOTAL ASSETS | 206 | — | |
| Accounts payable | 107,053 | — | |
| Accrued expenses | 962,012 | — | |
| Administrative services fee payable related party | 5,000 | — | |
| Total Current Liabilities | 1 | — | |
| Deferred underwriter fee liability | 7 | — | |
| Total Non-current Liabilities | 7 | — | |
| TOTAL LIABILITIES | 8 | — | |
| Commitments and Contingencies (Note 7) | 0 | — | |
| Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 20,125,000 shares issued and outstanding at redemption value | 206 | — | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | 0 | — | |
| Additional paid-in capital | 0 | — | |
| Accumulated deficit | −7 | — | |
| Total Shareholders Deficit | −7 | 0 | |
| TOTAL LIABILITIES, ORDINARY SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | 206 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation, general and administrative expenses paid by Sponsor under IPO Promissory Note related party | 1,089 | |
| Prepaid expenses | −90,729 | |
| Due from related party | −5,089 | |
| Accounts payable | 107,053 | |
| Accrued expenses | 962,012 | |
| Administrative services fee payable related party | 5,000 | |
| Net cash used in operating activities | −881,364 | |
| Purchase of treasury securities in Trust Account | −201 | |
| Net cash used in investing activities | −201 | |
| Proceeds from issuance of Class A Ordinary Shares | 201 | |
| Proceeds from sale of Private Placement Units | 6 | |
| Payment of underwriting fees and reimbursements | −4 | |
| Payment of IPO Promissory Note related party | −203,557 | |
| Excess cash contribution recorded under IPO Promissory Note related party | 167,147 | |
| Payment of offering costs | −343,913 | |
| Net cash provided by financing activities | 203 | |
| Net Change in Cash | 560,813 | |
| Deferred offering costs paid by Sponsor under IPO Promissory Note related party | 25,000 | |
| Prepaid expenses paid by Sponsor under IPO Promissory Note related party | 25,000 | |
| Initial fair value of Class A Ordinary Shares subject to possible redemption | 184 | |
| Remeasurement of Class A Ordinary Shares subject to possible redemption | 22 |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro