Blue Acquisition net income swings to $1.11 million in Q1 2026

Blue Acquisition

Blue Acquisition

BACC

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  • Blue Acquisition Corp. posted net income of USD 1.11 million for the quarter ended March 31, 2026, versus a net loss of USD 61,786 in the year-earlier period.
  • Income from cash and marketable securities in Trust Account totaled USD 1.81 million, with another USD 4,851 of interest income in operating account.
  • Legal and accounting costs climbed to USD 636,101, while formation, general and administrative expenses were USD 8,507.
  • Trust Account held marketable securities of USD 207.45 million, while cash outside the Trust Account was USD 358,534.
  • Blockfusion deal terms were amended May 6, 2026, lifting post-closing incentive plan to 12% from 8% and extending the Outside Date.


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