Blue Acquisition Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $292.2M
- Price
- $10.45
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.29%
- Volume
- 44.9K
About
Blue Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Newport Beach, California.
Quick stats
Shares outstanding28.0M
Computed float20.5M
Float / shares73.3%
Cash runway (months)5241
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002059654
Websitehttps://www.blueacorp.com
AI Summary
AI-generated1/2
majorbullishpartnership
Blockfusion Signs 15-Year Anchor Lease With CoreWeave at Niagara Falls AI Campus
Blockfusion USA, the target of Blue Acquisition Corp's (Nasdaq: BACC) pending business combination, signed a definitive 15-year anchor lease with CoreWeave (Nasdaq: CRWV) for capacity at its Niagara Falls, New York AI campus, converting the June 30, 2026 letter of intent into definitive agreements.
The lease carries two five-year renewal options and is paired with a companion expansion agreement. The campus is a converted decommissioned power plant powered predominantly by hydroelectric power, now being adapted for high-density, liquid-cooled AI infrastructure.
No financial terms were disclosed, but landing a marquee AI tenant strengthens Blockfusion ahead of the de-SPAC, which is expected to list Blockfusion Digital Infrastructure on Nasdaq under the ticker 'BDI'; closing remains subject to minimum cash, shareholder-approval and listing conditions.
Red flags
- Lease financial terms (rent, estimated contracted revenue) not disclosed
- Expansion Agreement capacity is conditional — CoreWeave has no obligation to lease expansion capacity and can withhold approval of the power infrastructure plan
- Business combination remains subject to minimum cash condition, dual shareholder approvals, regulatory/listing conditions and redemption risk
- Campus build-out depends on anticipated debt and equity financings that remain non-definitive; release explicitly flags dilution risk from equity or equity-linked issuance