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Recent Updates — BACCR

September 21, 2026View Source ↗

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.

July 31, 2026View Source ↗

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.