Latest Current Report
Filed: 2026-01-27
Key Insights
- Blue Water Acquisition Corp. III has issued a $500,000 convertible unsecured promissory note to its sponsor, Yorkville BW Acquisition Sponsor, LLC, to provide additional working capital.
- The note is convertible into a maximum of 50,000 units, each consisting of one Class A ordinary share and one-half of one redeemable warrant, upon the completion of the company's initial business combination.
- The issuance of the convertible note provides the company with additional funding to support its operations and potential business combination activities.