Blue Water Acquisition CORP Iii 8-K filings

Blue Water Acquisition Corp. III has amended and restated its working capital note, increasing the principal amount to $750,000 and extending the maturity date to the consummation of its initial business combination or winding up.

Blue Water Acquisition Corp. III secured a $500,000 convertible promissory note from its sponsor to fund additional working capital.

Blue Water Acquisition Corp. III has adopted a new Indemnity Agreement to provide enhanced protection for its directors and officers, superseding previous arrangements.

Blue Water Acquisition Corp. III's Board approved a $15,000 monthly advisory fee for CEO Kevin McGurn for services related to the initial business combination.

Blue Water Acquisition Corp. III announced a change in its sponsor and management team, with Yorkville BW Acquisition Sponsor, LLC acquiring all founder shares and private units from the prior sponsor for $7.2 million.

Blue Water Acquisition Corp. III announced that its Class A ordinary shares and warrants will begin separate trading on Nasdaq from July 31, 2025.

Blue Water Acquisition Corp. III, a blank check company, successfully completed its initial public offering and a concurrent private placement, raising a total of $253 million which has been deposited into a trust account.

Blue Water Acquisition Corp. III, a special purpose acquisition company, has successfully closed its upsized initial public offering, raising $253 million to pursue a business combination primarily in the artificial intelligence, biotechnology, healthcare, and technology sectors.