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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.
BACC
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Blue Acquisition Corp/Cayman

Price Impact