• Blockfusion USA, which plans to merge with Blue Acquisition Corp., disclosed new commercial and financing milestones ahead of the deal closing.
• A leading AI customer signed a non-binding LOI for up to 300 MW at Blockfusion’s Niagara Falls campus, anchored by 85 MW take-or-pay.
• Blockfusion estimated about USD 2.8 billion of aggregate lease revenue over 15 years for the 85 MW, rising to USD 5.4 billion with renewals.
• Non-binding term sheets cover a USD 175 million private placement of convertible senior notes, funded at closing, led by Sona Asset Management.
• A proposed non-redemption agreement targets about 3,300,000 public shares, retaining roughly USD 33 million in trust to support buildout and working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-002723), on June 30, 2026, and is solely responsible for the information contained therein.