Blue Water Acquisition Corp III
BLUWW
NASDAQ Global Select0.42
USD
+0.02
- -
CIK
0002050501
ISIN
KYG1368E1145
CUSIP
09607T104
Return %
Stock
S&P500
1Y
147.06
26.53
3Y
147.06
76.60
5Y
147.06
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Kevin J. McGurn
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 15 East Putnam Avenue Greenwich CT United States of America 06830
- IPO Date
- May 10, 2025
- CIK
- 0002050501
- Similar Companies
- Business
- Blue Water Acquisition Corp. III is a blank-check company, or special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses, primarily targeting high-potential opportunities in the artificial intelligence, biotechnology, healthcare and technology sectors; it offers no current products or operational services beyond its SPAC structure, including Class A ordinary shares, warrants and units traded on Nasdaq under symbols BLUW, BLUWW and BLUWU, respectively. Headquartered in Greenwich, Connecticut, and founded in 2024 under Cayman Islands exempted company status, the SPAC operates principally in the United States with a focus on North American targets and maintains a 24-month window to complete an initial business combination. Led by Chairman and CEO Joseph Hernandez, it completed an upsized $253 million initial public offering in June 2025, fully exercising the underwriters' over-allotment option through BTIG as sole bookrunner. Recent developments include the separate trading of shares and warrants commencing July 2025; a $10 billion bid submitted in September 2025 for PDV Holding, parent of Citgo Petroleum with its U.S. refineries, pipelines and retail network, proposing a $3.2 billion settlement for creditors; court approval in September 2025 to access the Citgo confidential data room; and subsequent suspension of participation in the Citgo acquisition process in November 2025, with no merger target announced as of December 2025.
Blue Water Acquisition Corp. III (NASDAQ:BLUWW) Trading 2% Higher – Here’s What Happened