Recent Updates — BACCU
Blue Acquisition Corp filed a Current Report on Form 8-K on September 21, 2026, disclosing the execution of the Sixth Amendment to its Business Combination Agreement with Blockfusion Digital Infrastructure, Inc. The amendment revises earnout terms for certain Blockfusion stockholders by increasing the maximum number of issuable Pubco Class A common stock shares from a previous amount to 15,000,000 shares. These Earnout Shares are contingent upon post-closing trading price-based conditions involving common stock VWAPs of $13.00, $15.00, and $17.00 per share over specified periods, with one-third of the shares delivered upon achievement of each threshold. Additionally, the amendment excludes a Series A Common Stock Purchase Warrant issued to CoreWeave, Inc., for 2,786,624 shares from certain BCA calculations and provides for its automatic cancellation prior to closing. In exchange, Pubco will issue a warrant to purchase 2,870,813 shares of Pubco Class A Common Stock at an initial exercise price of $7.4643 per share to the holder of the cancelled CoreWeave Warrant. Blue Acquisition Corp operates as a blank check company (SPAC) focused on effecting a merger with Blockfusion Digital Infrastructure, Inc., which provides data center and high-performance computing infrastructure.
Blue Acquisition Corp., a SPAC, filed an 8-K to announce the execution of the Fifth Amendment to its Business Combination Agreement with Blockfusion Digital Infrastructure, Inc. The amendment extends the deadline for completing the business combination (the Outside Date) from its previous date to November 30, 2026. Under the original agreement, Blue and Blockfusion will merge such that Pubco becomes the publicly traded parent company of both entities. This filing is material as it alters the timeline for a significant corporate transaction involving potential value changes for shareholders. The company operates in the special purpose acquisition company (SPAC) industry, seeking to combine with private businesses to take them public.
Blue Acquisition Corp., a SPAC, filed an 8-K disclosing that on July 31, 2026, it entered into the Fourth Amendment to its Business Combination Agreement with Blockfusion Digital Infrastructure, Inc. This amendment extends the Outside Date for the proposed merger, allowing more time to complete the transaction. The agreement remains otherwise in full force and effect. Blue Acquisition Corp. operates as a blank check company focused on effecting an initial business combination.
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.
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 includes a mechanism for issuing earnout shares in five tranches based on price targets over a 36-month period. Blue Acquisition Corp. is a special purpose acquisition company (SPAC) seeking a business combination.