Blue Acquisition Corp/Cayman
Business
Blue Acquisition Corp is a blank-check company formed to acquire a target business through a merger or combination. The company completed an initial public offering, raising capital from public units and private placement units, with all proceeds held in trust. As of the filing date, the company has not generated operating revenues and is pursuing a business combination with Blockfusion, a company focused on sustainable manufacturing, energy co-production, and water and waste management through green energy integration and onsite power generation.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| 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
| 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
| 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
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Blue Acquisition Corp/Cayman's CIK number?
Blue Acquisition Corp/Cayman's SEC CIK number is 0002059654 (2059654). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Blue Acquisition Corp/Cayman's SEC filings?
All of Blue Acquisition Corp/Cayman's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.