Blue Acquisition Corp. (BACCU) Prices $175M IPO

Blue Acquisition Corp. (NASDAQ:BACCU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BACCU”, Friday, June 13, 2025.

The new SPAC intends to combine with a target company within a manufacturing company or data center that aligns with green energy initiatives and sustainable industrial practices, as well as software development in emerging technologies like AI, Cybersecurity and energy management.

The Company’s management team is led by Ketan Seth, its Chief Executive Officer and a director, and David Bauer, its Chief Financial Officer and a director. In addition, the Board includes General (Ret.) Wesley Clark, Dino Dario Ferrari, DR. Kenneth Moritsugu, and Nadim Qureshi. Glenn Hill, Mina Janeska and Francisco de Borbon Graf von Hardenberg are Special Advisors to the Company.

Total SPAC deal count for 2025 year-to-date is now 55. This offering is expected to close on Monday, June 16, 2025.

BTIG, LLC is acting as sole book-running manager for the offering and Roberts & Ryan, Inc. is co-manager. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Elliott Davis, PLLC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.