Form 4 for BLUW Blue Water Acquisition Corp. III
Accepted 2025-06-12 00:00:00 ET · period of report 2025-06-11 · accession 0001641172-25-014923 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-06-12 | 2025-06-11 | BLUW | Blue Water Acquisition III LLC | 10% | P - Purchase | — | +430.0K | 430.0K | New | — |
| D | 2025-06-12 | 2025-06-11 | BLUW | Blue Water Acquisition III LLC | 10% | P - Purchase | — | +215.0K | 215.0K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A ordinary shares | 2025-06-11 | P | A | 430,000 | — | 430,000 | D | — | — | (F1) Reflects the 430,000 private units owned by Blue Water Acquisition III LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,300,000. |
| 2 | Derivative | Warrants to purchase Class A ordinary shares | 2025-06-11 | P | A | 215,000 | — | 215,000 | D | $11.50 · — to — | 215,000 Class A ordinary shares | (F1) Reflects the 430,000 private units owned by Blue Water Acquisition III LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,300,000. (F2) The warrants included in the private units will become exercisable at the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |