Blue Acquisition - CL(BACC.US)

Blockfusion to list in New York via $450 million SPAC deal

Blockfusion, a data center operator, will list in the U.S. via a $450 million SPAC merger with Blue Acquisition Corp. The deal highlights growing investor interest in data center infrastructure, driven by AI and digital services demand. The combined company, Blockfusion Data Centers Inc, will trade on Nasdaq post-merger, expected in H1 2026. Blockfusion aims for $128 million in revenue and $75 million EBITDA by 2028.

Blue Acquisition Corp. to Merge with Blockfusion in $450 Million Deal

Blue Acquisition Corp. and Blockfusion USA, Inc. have agreed to merge, creating Blockfusion Data Centers, Inc. The deal values Blockfusion at $480 million, with former Blockfusion security holders receiving $450 million in new securities. A joint investor presentation was held, and a transcript will be available. The news was published by Blue Acquisition Corp. via PR Newswire on November 19, 2025.

Blue Acquisition - CL | 10-Q: FY2025 Q3 Revenue: USD 0

Blue Acquisition Corp/Cayman SEC 10-Q Report

Blue Acquisition Corp/Cayman has released its Form 10-Q report for Q3 2025, reporting a net income of $1.88 million and a net income per share of $0.10. The company, formed for mergers and acquisitions, has not yet commenced operations beyond its IPO on June 16, 2025, which raised $201.25 million. As of September 30, 2025, it holds $1,045,403 in cash and working capital of $1,061,429, with plans to use trust account funds for its initial business combination. Risks include regulatory changes and economic conditions. SEC Filing: 10-Q - Nov. 12, 2025.

Blue Acquisition - CL | 10-Q: FY2025 Q2 EPS: USD 2.63