Mergers & Acquisitions ·
Blue Acquisition Corp. entered into a Third Amendment to its Business Combination Agreement with Blockfusion Digital…
BACCBlue Acquisition Corp/Cayman
Blue Acquisition Corp. entered into a Third Amendment to its Business Combination Agreement with Blockfusion Digital Infrastructure, Inc. to add an earnout provision for up to 9,250,000 shares of Pubco Class A common stock and reduce the post-closing board of directors from 9 to 7 members. The amendment also allows for 10% of earnout shares to be assigned to third parties supporting Blockfusion's transition to AI and HPC workloads. Blue Acquisition Corp. is a special purpose acquisition company (SPAC) focused on identifying a target for business combination.