Blue Acquisition Corp. Launches $175 Million IPO with Focus on Sustainability and Tech

Blue Acquisition Corp. Announces Initial Public Offering

Blue Acquisition Corp., a newly formed blank check company, has officially announced the pricing of its initial public offering (IPO), aiming to raise $175 million. The company is set to offer 17,500,000 units at a price of $10.00 per unit, which is expected to be listed on the Nasdaq Global Market under the ticker symbol "BACCU" starting June 13, 2025.

Each unit offered consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon successful completion of an initial business combination. There won’t be any public or private warrants connected to this IPO. After the initial trading period, it is anticipated that the Class A ordinary shares and Share Rights will trade separately under their respective symbols "BACC" and "BACCR."

The closing date for the offering is scheduled for June 16, 2025, pending typical closing conditions. Additionally, the underwriters have been granted a 45-day option to purchase up to 2,650,000 additional units at the offer price, as a precaution against over-allotments.

Company Vision and Strategy

Blue Acquisition Corp. was founded with the primary goal of facilitating mergers and business combinations across various sectors. While the Company may pursue opportunities in a wide range of industries, its strategic focus will be on seeking out businesses in the manufacturing sector or data centers that correspond with green energy initiatives and advocate for sustainable industrial practices. There will also be an emphasis on software development, particularly in burgeoning sectors like artificial intelligence (AI), cybersecurity, and energy management.

The management team is headed by CEO Ketan Seth and CFO David Bauer, both of whom serve as directors of the company. The Board of Directors features notable figures such as General (Ret.) Wesley Clark and other experts including Dino Dario Ferrari, Dr. Kenneth Moritsugu, and Nadim Qureshi. The company's advisory team is further enhanced by the insights of Glenn Hill, Mina Janeska, and Francisco de Borbon Graf von Hardenberg.

BTIG, LLC is acting as the sole book-running manager on this IPO, with Roberts Ryan, Inc. co-managing the offering.

Regulatory and Compliance

The offering is strictly made via a prospectus, and copies will be available from BTIG, LLC or through the U.S. Securities and Exchange Commission (SEC) website. A registration statement regarding the securities offering was filed and became effective on June 12, 2025. Importantly, this press release should not be interpreted as an offer to buy or sell the securities in jurisdictions where such actions may not be compliant with local laws.

While this IPO seems promising, prospective investors are advised to be mindful of potential risks involved, including those outlined in the "Risk Factors" section of the company’s official filings with the SEC. The company does not undertake any obligations to update forward-looking statements made in this announcement as per legal requirements.

Contact Information

For further inquiries, potential investors or interested parties can reach out to Blue Acquisition Corp. at:

1601 Anita Lane, Newport Beach, CA, 92660-4803
Attn: Ketan Seth, CEO
Email: [email protected]
Phone: (646) 543-5060

In conclusion, Blue Acquisition Corp.'s entry into the stock market emphasizes its commitment to sustainable practices while investing in innovative technologies. The company's forthcoming trades on the Nasdaq will be closely watched by investors looking for opportunities in companies dedicated to making a positive environmental impact.