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Highlights
- BLUWU completed its upsized IPO, raising gross proceeds of USD 253 million through 25.3 million units.
- The company’s units began trading on Nasdaq under the ticker “BLUWU” on June 10, 2025.
- The SPAC aims to identify business combinations in artificial intelligence, biotechnology, healthcare, and technology.
Blue Water Acquisition Corp. III (Nasdaq:BLUWU) is a blank check company formed for the purpose of effecting a merger or other business combination with one or more businesses. Headquartered in the Cayman Islands, the company is led by Chairman and CEO Joseph Hernandez and intends to pursue opportunities in artificial intelligence (AI), biotechnology, healthcare, and technology. The company’s strategy aligns with its leadership’s experience in identifying and executing value-generating transactions across innovative industries.
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