Blue Holdings Sponsor LLC - Jun 16, 2025 Form 4 Insider Report for Blue Acquisition Corp/Cayman (BACC)

Role
10%+ Owner
Signature
/s/ Ketan Seth, Managing Member of Blue Management LLC Managing Member of Blue Holdings Sponsor LLC
Stock symbol
BACC
Transactions as of
Jun 16, 2025
Transactions value $
$3,910,000
Form type
4
Date filed
6/18/2025, 06:00 AM
Previous filing
Jun 12, 2025
SEC
View on sec.gov

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
Blue Holdings Sponsor LLC 10%+ Owner C/O BLUE ACQUISITION CORP., 1601 ANITA LANE, NEWPORT BEACH /s/ Ketan Seth, Managing Member of Blue Management LLC Managing Member of Blue Holdings Sponsor LLC 2025-06-18 0002059049
Blue Holdings Management LLC 10%+ Owner C/O BLUE ACQUISITION CORP., 1601 ANITA LANE, NEWPORT BEACH /s/ Ketan Seth 2025-06-18 0002061893
Seth Ketan Chief Executive Officer, Director, 10%+ Owner C/O BLUE ACQUISITION CORP., 1601 ANITA LANE, NEWPORT BEACH /s/ Ketan Seth, Managing Member of Blue Management LLC Managing Member of Blue Holdings Sponsor LLC 2025-06-18 0002059122

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BACC Class A ordinary shares Purchase $3.91M +391K $10.00 391K Jun 16, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BACC Rights to receive Class A ordinary shares Purchase +391K 39.1K Jun 16, 2025 Class A Ordinary Shares 39.1K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the 391,000 Class A ordinary shares of Blue Acquisition Corp. (the "Issuer") that are included in the 391,000 private placement units of the Issuer purchased by Blue Holdings Sponsor LLC ("Sponsor"). Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination.
F2 The Sponsor is the record holder of the shares reported herein. Blue Holdings Management LLC is the managing member of the Sponsor. Ketan Seth is the managing member of Blue Holdings Management LLC and holds voting and investment discretion with respect to the Class B ordinary shares held of record by the Sponsor. As such, Mr. Seth may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Seth disclaims any beneficial ownership except to the extent of their pecuniary interest therein.
F3 Represents the 39,100 Class A ordinary shares, which may be acquired by Sponsor upon the conversion of 391,000 rights (included in the Sponsor's private placement units) upon consummation of the registrant's initial business combination. As described in the Registration Statement under the heading "Description of Securities-Share Rights," each right will automatically convert into one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination, subject to certain adjustments described therein. No fractional Class A ordinary shares will be issued upon conversion of such rights.
F4 Excluding 6,769,913 Class B ordinary shares held by the Sponsor acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor.