Blue Water Acquisition Corp. III Files Q2 2025 10-Q
Ticker: BLUWW · Form: 10-Q · Filed: Aug 14, 2025 · CIK: 2050501
Sentiment: neutral
Topics: 10-Q, acquisition, financials
Related Tickers: BLUWU
TL;DR
Blue Water Acquisition Corp. III filed its Q2 10-Q. Financials and share structure detailed.
AI Summary
Blue Water Acquisition Corp. III filed its 10-Q for the period ending June 30, 2025. The filing details the company's financial status, including its share structure and warrants. No specific dollar amounts or significant business developments were highlighted in the provided text.
Why It Matters
This filing provides investors with an update on the financial health and structure of Blue Water Acquisition Corp. III, which is crucial for understanding its current standing and future potential.
Risk Assessment
Risk Level: low — The provided text is a standard SEC filing header and does not contain information that suggests immediate or significant risks.
Key Players & Entities
- Blue Water Acquisition Corp. III (company) — Filer of the 10-Q
- 0001641172-25-024010 (other) — Accession Number for the filing
- 20250630 (date) — Conformed period of report
- 20250814 (date) — Filed as of date
- 646-303-0737 (other) — Business phone number
FAQ
What is the reporting period for this 10-Q filing?
The conformed period of report is 20250630, indicating the second quarter of 2025.
What is the company's Central Index Key (CIK)?
The Central Index Key for Blue Water Acquisition Corp. III is 0002050501.
What is the company's business address?
The business address is 15 E. PUTNUM AVENUE, SUITE 363, GREENWICH, CT 06830.
What is the exercise price for the company's warrants?
The warrants are exercisable for one Class Ordinary Share at an exercise price of $11.50 per share.
When was this 10-Q filing submitted?
The filing was submitted on 20250814.
Filing Stats: 4,648 words · 19 min read · ~15 pages · Grade level 18.6 · Accepted 2025-08-14 16:07:21
Key Financial Figures
- $0.0001 — f one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemab
- $11.50 — ordinary share at an exercise price of $11.50 per share BLUWW The Nasdaq Stock Ma
Filing Documents
- form10-q.htm (10-Q) — 585KB
- ex31-1.htm (EX-31.1) — 17KB
- ex31-2.htm (EX-31.2) — 17KB
- ex32-1.htm (EX-32.1) — 7KB
- ex32-2.htm (EX-32.2) — 7KB
- 0001641172-25-024010.txt ( ) — 3647KB
- bluwu-20250630.xsd (EX-101.SCH) — 31KB
- bluwu-20250630_cal.xml (EX-101.CAL) — 36KB
- bluwu-20250630_def.xml (EX-101.DEF) — 190KB
- bluwu-20250630_lab.xml (EX-101.LAB) — 234KB
- bluwu-20250630_pre.xml (EX-101.PRE) — 213KB
- form10-q_htm.xml (XML) — 460KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements 1 Condensed Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024 1 Condensed 2 Condensed ended June 30, 2025 (Unaudited) 3 Condensed 4 Notes to Unaudited Condensed Financial Statements 5 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 17 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 21 Item 4.
Controls and Procedures
Controls and Procedures 21
– OTHER INFORMATION
PART II – OTHER INFORMATION Item 1. Legal Proceedings . 22 Item 1A. Risk Factors . 22 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds . 22 Item 3. Defaults Upon Senior Securities . 22 Item 4. Mine Safety Disclosures . 22 Item 5. Other Information . 22 Item 6. Exhibits . 24 PART I – FINANCIAL INFORMATION Item 1. Financial Statements BLUE WATER ACQUISITION CORP. III CONDENSED BALANCE SHEETS June 30, December 31, 2025 2024 (unaudited) ASSETS Current Assets: Cash $ 1,039,666 $ — Prepaid expenses 14,100 — Due from related party 28,715 — Total Current Assets 1,082,481 — Non-current Assets: Cash and marketable securities held in Trust Account 253,556,881 — Deferred offering costs — 25,000 Total Non-current Assets 253,556,881 25,000 TOTAL ASSETS $ 254,639,362 $ 25,000 LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS' DEFICIT Current Liabilities: Accounts payable $ 9,932 $ 7,036 Accrued expenses 4,252 15,000 Accrued offering costs — 25,000 Due to related party 8,905 — Administrative services fee – related party 6,333 — Promissory note – related party — 1,505 Total Current Liabilities 29,422 48,541 Non-current Liabilities: Deferred underwriter fee liability 8,855,000 Total Non-current Liabilities 8,855,000 — TOTAL LIABILITIES 8,884,422 48,541 Commitments and Contingencies (Note 7) - Class A ordinary shares subject to possible redemption; 25,300,000 and 0 shares issued and outstanding subject to possible redemption at redemption value of $ 10.00 per share, as of June 30, 2025 and December 31, 2024, respectively 253,556,881 Shareholders' Deficit Preference shares, $ 0.0001 par value; 5,000,000 shares authorized; none issued and outstanding — — Class A ordinary shares, $ 0.0001 par value; 485,000,000 shares authorized; 683,000 and 0 shares issued and outstanding (excluding 25,300,000 and 0 sha