$BWIV

Blue Water Acquisition Corp. IV

CIK:0002082847|SEC Filings

Condensed Statement of Operations (Unaudited) - USD ($)	3 Months Ended	6 Months Ended
Condensed Statement of Operations (Unaudited) - USD ($)	Jun. 30, 2026	Jun. 30, 2026
Operating expenses:
Formation, general and administrative expenses	$ 254,883	$ 490,853
Legal and accounting expenses	55,316	76,565
Administrative services fee – related party	30,000	33,871
Insurance expense	16,183	18,317
Total operating expenses	356,382	619,606
Loss from operations	(356,382)	(619,606)
Other income:
Income earned on cash and marketable securities held in Trust Account	1,144,211	1,244,853
Change in fair value of over-allotment option liability		51,000
Gain on extinguishment of over-allotment option liability	55,000	55,000
Other income	1,199,211	1,350,853
Net income	$ 842,829	$ 731,247
Redeemable Class A Ordinary Shares [Member]
Other income:
Weighted average shares outstanding, Basic	13,000,000	7,110,497
Weighted average shares outstanding, Diluted	13,000,000	7,110,497
Basic net income loss per common stock	$ 0.07	$ 0.50
Diluted net income loss per common stock	$ 0.07	$ 0.50
Nonredeemable Class A and B Ordinary Shares [Member]
Other income:
Weighted average shares outstanding, Basic	4,758,334	4,490,286
Weighted average shares outstanding, Diluted	4,758,334	4,490,286
Basic net income loss per common stock	$ (0.02)	$ (0.63)
Diluted net income loss per common stock	$ (0.02)	$ (0.63)

Condensed Statement of Cash Flows (Unaudited)	6 Months Ended
Condensed Statement of Cash Flows (Unaudited)	Jun. 30, 2026 USD ($)
Cash Flows from Operating Activities:
Net income	$ 731,247
Adjustments to reconcile net loss to net cash used in operating activities:
General and administrative expenses paid under promissory note – related party	152,836
Income earned on cash and marketable securities held in Trust Account	(1,244,853)
Change in fair value of over-allotment option liability	(51,000)
Gain on extinguishment of over-allotment option liability	(55,000)
Changes in operating assets and liabilities:
Due from related party, net	(509,685)
Prepaid expenses	(111,683)
Accounts payable	28,672
Accrued expenses	3,339
Net cash used in operating activities	(1,056,127)
Cash Flows from Investing Activities:
Investment in Trust Account	(130,000,000)
Net cash used in investing activities	(130,000,000)
Cash Flows from Financing Activities:
Proceeds from issuance of Units and partial exercise of underwriters’ over-allotment option	130,000,000
Proceeds from sale of private placement units	4,250,000
Payment of underwriting fees and reimbursements	(2,665,000)
Proceeds from promissory note – related party	10,000
Payment of promissory note – related party	(300,000)
Payment of deferred offering costs	(238,873)
Net cash provided by financing activities	131,056,127
Net Change in Cash
Cash – Beginning of period
Cash – End of period
Supplemental Non-Cash Investing and Financing Activities:
Offering costs paid by Sponsor under promissory note – related party	55,050
Deferred offering costs included in accrued offering costs	330
Initial fair value of Class A ordinary shares subject to possible redemption	120,611,807
Remeasurement of Class A ordinary shares subject to possible redemption	$ 10,633,046

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Due from related party, net	$ 509,685
Prepaid expenses - current	64,911
Total Current Assets	574,596
Non-current Assets:
Cash and marketable securities held in Trust Account	131,244,853
Prepaid expenses – non-current	46,772
Deferred offering costs		125,245
Total Non-current Assets	131,291,625	125,245
TOTAL ASSETS	131,866,221	125,245
Current Liabilities:
Accounts payable	52,707	24,035
Accrued expenses	3,339
Accrued offering costs	330	75,330
Total Current Liabilities	56,376	181,480
Non-current Liabilities:
Deferred underwriter fee liability	4,550,000
Total Non-current Liabilities	4,550,000
TOTAL LIABILITIES	4,606,376	181,480
Commitments and Contingencies (Note 7)
Class A ordinary shares subject to possible redemption; 13,000,000 and no shares issued and outstanding subject to possible redemption, at redemption value, as of June 30, 2026 and December 31, 2025, respectively	131,244,853
Shareholders’ Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital		24,521
Accumulated deficit	(3,985,484)	(81,235)
Total Shareholders’ Deficit	(3,985,008)	(56,235)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT	131,866,221	125,245
Common Class A [Member]
Non-current Liabilities:
Class A ordinary shares subject to possible redemption; 13,000,000 and no shares issued and outstanding subject to possible redemption, at redemption value, as of June 30, 2026 and December 31, 2025, respectively	131,244,853
Shareholders’ Deficit
Common stock value	43
Common Class B [Member]
Shareholders’ Deficit
Common stock value	433	479
Related Party [Member]
Current Assets:
Due from related party, net	509,685
Current Liabilities:
Promissory note – related party		$ 82,115