
MergerMay 7, 2026, 09:02 AM
Blue Acquisition, Blockfusion Amend Merger Agreement
AI Summary
Blue Acquisition Corp., Blockfusion Data Centers, Inc., and Pubco entered into a Second Amendment to their Business Combination Agreement. This amendment modifies the terms of their previously announced merger. Key changes include increasing the post-closing incentive plan from 8% to 12% of Pubco Common Stock, amending the listing exchange requirements for Pubco Class A Common Stock, and extending the Outside Date for the transaction to July 31, 2026.
Key Highlights
- Increased post-Closing incentive plan from 8% to 12% of Pubco Common Stock.
- Amended listing exchange requirements for Pubco Class A Common Stock upon Closing.
- Extended the "Outside Date" for the Business Combination to July 31, 2026.