BLUW

Blue Water Acquisition Corp. III is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. As the third SPAC in the Blue Water series, the company was formed by experienced sponsors who have previously completed SPAC transactions. Blue Water Acquisition Corp. III raised capital through an initial public offering with proceeds held in trust while the management team identifies and evaluates potential acquisition targets. The Blue Water sponsor team consists of seasoned investment and business professionals who leverage their industry expertise, deal sourcing capabilities, operational knowledge, and networks to identify attractive business combination opportunities. The "III" designation indicates this is the third SPAC vehicle from the Blue Water sponsors, potentially providing them with track record and experience from previous transactions that inform their approach. The management team's sector focus, investment criteria, and strategic priorities guide the types of targets Blue Water Acquisition Corp. III pursues. SPACs typically have 18-24 months from IPO to complete qualifying business combinations. Shareholders in Blue Water Acquisition Corp. III have the right to vote on any proposed business combination and can elect to redeem their shares for their pro-rata portion of the trust account (approximately $10 per share) if they disagree with the proposed transaction. This structure provides downside protection near the trust account value while maintaining unlimited upside potential if an attractive combination is completed. The common shares trade publicly during the search period, allowing investors to participate before a specific target is announced. The ultimate value proposition depends on management's ability to identify a high-quality target business, negotiate favorable transaction terms, successfully complete the business combination, and facilitate the combined company's growth as a publicly traded entity. Blue Water III's success will be determined by the quality of the acquired business and its subsequent operating performance following the merger.