$BACCR

Blue Acquisition Corp/Cayman

CIK:0002059654|SEC Filings

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		5 Months Ended	6 Months Ended
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2025	Jun. 30, 2026
Operating expenses:
Formation, general and administrative expenses	$ 89,608	$ 53,824	$ 115,640	$ 98,115
Legal and accounting expenses	754,216	16,782	16,782	1,390,317
Administrative services fee – related party	15,000	2,333	2,333	30,000
Listing fees	21,250	0	0	42,033
Insurance expense	18,699	3,493	3,493	37,192
Total operating expenses	898,773	76,432	138,248	1,597,657
Loss from operations	(898,773)	(76,432)	(138,248)	(1,597,657)
Other income:
Income earned on cash and marketable securities held in Trust Account	1,836,231	321,137	321,137	3,644,428
Interest income on operating account	2,983	709	739	7,834
Other income	1,839,214	321,846	321,876	3,652,262
Net income	$ 940,441	$ 245,414	$ 183,628	$ 2,054,605
Redeemable Class A Ordinary Shares [Member]
Other income:
Basic Weighted average shares outstanding (in Shares)	20,125,000	3,096,154	1,998,227	20,125,000
Diluted Weighted average shares outstanding (in Shares)	20,125,000	3,096,154	1,998,227	20,125,000
Basic net income (loss) per share (in Dollars per share)	$ 0.06	$ 1.7	$ 2.63	$ 0.12
Diluted net income (loss) per share (in Dollars per share)	$ 0.06	$ 1.7	$ 2.63	$ 0.12
Non-Redeemable Class A and Class B Ordinary Shares
Other income:
Basic Weighted average shares outstanding (in Shares)	7,837,163	6,610,815	6,415,464	7,837,163
Diluted Weighted average shares outstanding (in Shares)	7,837,163	6,610,815	6,415,464	7,837,163
Basic net income (loss) per share (in Dollars per share)	$ (0.03)	$ (0.76)	$ (0.79)	$ (0.06)
Diluted net income (loss) per share (in Dollars per share)	$ (0.03)	$ (0.76)	$ (0.79)	$ (0.06)

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	5 Months Ended	6 Months Ended
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	Jun. 30, 2025	Jun. 30, 2026
Cash Flows from Operating Activities:
Net income	$ 183,628	$ 2,054,605
Adjustments to reconcile net income to net cash used in operating activities:
Formation, general and administrative expenses paid by Sponsor under IPO Promissory Note – related party	1,089	0
Income earned on cash and marketable securities held in Trust Account	(321,137)	(3,644,428)
Changes in operating assets and liabilities:
Prepaid expenses	(128,539)	1,257
Due from related party	0	5,692
Accounts payable	47,376	76,096
Accrued expenses	8,505	1,152,826
Administrative services fee payable – related party	2,333	(5,000)
Net cash used in operating activities	(206,745)	(358,952)
Cash Flows from Investing Activities:
Contributions for purchase of Private Placement Units	(201,250,000)	0
Net cash used in by investing activities	(201,250,000)	0
Cash Flows from Financing Activities:
Proceeds from issuance of Class A Ordinary Shares	201,250,000	0
Proceeds from sale of Private Placement Units	5,922,500	0
Payment of underwriting fees and reimbursements	(4,100,000)	0
Payment of IPO Promissory Note - related party	(193,236)	0
Due from related party, net	(10,321)	0
Excess cash contribution recorded under IPO Promissory Note - related party	167,147	0
Payment of offering costs	(343,913)	0
Net cash provided by financing activities	202,692,177	0
Net Change in Cash	1,235,432	(358,952)
Cash – Beginning of period	0	560,813
Cash – End of period	1,235,432	201,861
Supplemental Non-Cash Investing and Financing Activities:
Prepaid expenses paid by Sponsor in exchange for issuance of Class B Ordinary Shares	25,000	0
Deferred offering costs paid by Sponsor under IPO Promissory Note - related party	25,000	0
Initial fair value of Class A Ordinary Shares subject to possible redemption	183,626,033	0
Remeasurement of shares subject to possible redemption	$ 17,945,104	$ 3,644,428

CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash	$ 201,861	$ 560,813
Prepaid expenses - current	114,474	82,032
Due from related party	9,718	15,410
Total Current Assets	326,053	658,255
Non-current Assets:
Cash and marketable securities held in Trust Account	209,286,528	205,642,100
Prepaid expenses – non-current	0	33,699
Total Non-current Assets	209,286,528	205,675,799
TOTAL ASSETS	209,612,581	206,334,054
Current Liabilities:
Accounts payable	183,149	107,053
Accrued expenses	2,114,838	962,012
Administrative services fee payable	0	5,000
Total Current Liabilities	2,297,987	1,074,065
Non-current Liabilities:
Deferred underwriter fee liability	7,043,750	7,043,750
Total Non-current Liabilities	7,043,750	7,043,750
TOTAL LIABILITIES	9,341,737	8,117,815
Commitments and Contingencies (Note 7)	0	0
Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 20,125,000 shares issued and outstanding at redemption value	209,286,528	205,642,100
Shareholders’ Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Additional paid-in capital	0	0
Accumulated deficit	(9,016,468)	(7,426,645)
Total Shareholders’ Deficit	(9,015,684)	(7,425,861)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT	209,612,581	206,334,054
Class A Ordinary Shares
Shareholders’ Deficit
Common stock, value, issued	77	77
Class B Ordinary Shares
Shareholders’ Deficit
Common stock, value, issued	$ 707	$ 707