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bleuacacia ltd - BLEU

  • Commons

    $9.75

    +0.10%

    BLEU Vol: 203.0

  • Warrants

    $0.12

    +0.00%

    BLEUW Vol: 0.0

  • Units

    $9.94

    -0.15%

    BLEUU Vol: 1.6K

Average: 0
Rating Count: 0
You Rated: Not rated

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SPAC Stats

Market Cap: 268.8M
Average Volume: 21.7K
52W Range: $9.61 - $9.95
Weekly %: -1.32%
Monthly %: -0.20%
Inst Owners: 0

Info

Target: Searching
Days Since IPO: 226
Unit composition:
Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-third of one redeemable warrant
Trust Size: 30000000.0M

🕵Stocktwit Mentions

InsiderForms posted at 2022-05-18T12:10:51Z

GABELLI FUNDS LLC,has filed Form 13F for Q1 2022.Opened NEW positions in $ALSA $ALSAR $ALSAW $APO $APTS $ARAY $AXAC $AXAC/R $AXAC/WS $BLEU

InsiderForms posted at 2022-05-16T21:31:25Z

MSD Partners L.P.,has filed Form 13F for Q1 2022.Opened NEW positions in $BLEU $BLEUR $BLEUW $FB $MTAC $MTACW $PTON $UP

Last10K posted at 2022-05-13T21:11:53Z

$BLEU just filed a 10-Q Quarterly Report with 51 sections and 6 exhibits. Access them all or just read their earnings: https://last10k.com/sec-filings/bleu/0001140361-22-019111.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=10KQ2040F&utm_term=bleu

Quantisnow posted at 2022-05-13T20:55:08Z

$BLEU 📜 SEC Form 10-Q filed by bleuacacia ltd https://quantisnow.com/i/2887235?utm_source=stocktwits 45 seconds delayed.

Newsfilter posted at 2022-05-13T20:54:21Z

$BLEU Form 10-Q (quarterly report [sections 13 or 15(d)]) filed with the SEC https://newsfilter.io/a/08c31960cb24847f5a523197ba14aa7c

InsiderForms posted at 2022-05-10T12:50:22Z

Sage Mountain Advisors LLC,has filed Form 13F for Q1 2022.Opened NEW positions in $ACII $ALSA $ARIZ $ARIZR $ARIZW $ARRW $ATEK $BCSA $BLEU

InsiderForms posted at 2022-05-10T12:30:13Z

Timelo Investment Management Inc.,has filed Form 13F for Q1 2022.Opened NEW positions in $AEAE $ALOR $BLEU $CCJ $CNHI $CVCO $DAOO $ERF

Management

Directors, Director Nominees and Officers.”Certain of our directors, officers and partners are now, and all of them may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented.Following the completion of this offering and until we consummate our initial business combination, we intend to engage in the business of identifying and combining with one or more businesses. Our sponsor, directors, officers and partners are, or may in the future become, affiliated with entities that are engaged in a similar business. Our sponsor, directors, officers and partners are also not prohibited from sponsoring, investing or otherwise becoming involved with, any other blank check companies, including in connection with their initial business combinations, prior to us completing our initial business combination. Our directors, officers and partners also may become aware of business opportunities which may be appropriate for presentation to us and the other entities to which they owe certain fiduciary or contractual duties. Accordingly, they may have conflicts of interest in determining to which entity a particular business opportunity should be presented. These conflicts may not be resolved in our favor and a potential target business may be presented to other entities prior to its presentation to us, subject to his or her fiduciary duties under Cayman Islands law. Our amended and restated memorandum and articles of association provide that we renounce our interest in any corporate opportunity offered to any director or officer unless such opportunity is expressly offered to such person solely in his or her capacity as a director or officer of the company and it is an opportunity that we are able to complete on a reasonable basis.In addition, our sponsor, directors, officers and partners may sponsor or form other special purpose acquisition companies similar to ours or may pursue other business or investment ventures during the period in which we are seeking an initial business combination. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial business combination. However, we do not believe that any such potential conflicts would materially affect our ability to complete our initial business combination.For a complete discussion of our officers’ and directors’ business affiliations and the potential conflicts of interest that you should be aware of, please see “Management - Directors, Director Nominee and Officers,” “Management - Conflicts of Interest” and “Certain Relationships and Related Party Transactions.”74 TABLE OF CONTENTSMembers of our management team and board of directors have significant experience as board members, officers or executives of other companies. As a result, certain of those persons have been, may be, or may become, involved in proceedings, investigations and litigation relating to the business affairs of the companies with which they were, are, or may in the future be, affiliated. This may have an adverse effect on us, which may impede our ability to consummate an initial business combination.During the course of their careers, members of our management team and board of directors have had significant experience as board members, officers or executives of other companies. As a result of their involvement and positions in these companies, certain persons were, are now, or may in the future become, involved in litigation, investigations or other proceedings relating to the business affairs of such companies or transactions entered into by such companies. Any such litigation, investigations or other proceedings may divert our management team’s and board’s attention and resources away from identifying and selecting a target business or businesses for our initial business combination and may negatively affect our reputation, which may impede our ability to complete an initial business combination.Our initial shareholders will control the election of our board of directors until consummation of our initial business combination and will hold a substantial interest in us. As a result, they will appoint all of our directors prior to our initial business combination and may exert a substantial influence on actions requiring shareholder vote, potentially in a manner that you do not support.Upon the closing of this offering, our initial shareholders will own 20% of our issued and outstanding ordinary shares (assuming they do not purchase any units in this offering). Accordingly, they may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that you do not support, including amendments to our amended and restated memorandum and articles of association. If our initial shareholders purchase any units in this offering or if our initial shareholders purchase any additional Class A ordinary shares in the aftermarket or in privately negotiated transactions, this would increase their control. Neither our initial shareholders nor, to our knowledge, any of our directors, officers or advisors, have any current intention to purchase additional securities, other than as disclosed in this prospectus. Factors that would be considered in making such additional purchases would include consideration of the current trading price of our Class A ordinary shares. In addition, as a result of their substantial ownership in our company, our initial shareholders may exert a substantial influence on other actions requiring a shareholder vote, potentially in a manner that you do not support, including amendments to our amended and restated memorandum and articles of association and approval of major corporate transactions. If our initial shareholders purchase any Class A ordinary shares in this offering or in the aftermarket or in privately negotiated transactions, this would increase their influence over these actions. Accordingly, our initial shareholders will exert significant influence over actions requiring a shareholder vote at least until the completion of our initial business combination. In addition, prior to our initial business combination, holders of the founder shares will have the right to appoint all of our directors and may remove members of the board of directors for any reason. Holders of our public shares will have no right to vote on the appointment of directors during such time. These provisions of our amended and restated memorandum and articles of association may only be amended by a special resolution passed by a majority of at least 90% of our ordinary shares attending and voting in a general meeting. As a result, you will not have any influence over the appointment of directors prior to our initial business combination.Our letter agreement with our sponsor, directors, officers and partners may be amended without shareholder approval.Our letter agreement with our sponsor, directors, officers and partners contains provisions relating to transfer restrictions of our founder shares and private placement warrants, indemnification of the trust account, waiver of redemption rights and participation in liquidating distributions from the trust account. The letter agreement may be amended without shareholder approval. While we do not expect our board to approve any amendment to the letter agreement prior to our initial business combination, it may be possible that our board, in exercising its business judgment and subject to its fiduciary duties, chooses to approve one or more amendments to the letter agreement. Any such amendments to the letter agreement would not require approval from our shareholders and may have an adverse effect on the value of an investment in our securities.75 TABLE OF CONTENTSProvisions in our amended and restated memorandum and articles of association may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future for our Class A ordinary shares and could entrench management.Our amended and restated memorandum and articles of association contain provisions that may discourage unsolicited takeover proposals that shareholders may consider to be in their best interests. These provisions include a staggered board of directors and the ability of the board of directors to designate the terms of and issue new series of preferred shares, which may make more difficult the removal of management and may discourage transactions that otherwise could involve payment of a premium over prevailing market prices for our securities.Risks Relating to the Post-Business Combination CompanySubsequent to our completion of our initial business combination, we may be required to subsequently take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and the price of our securities, which could cause you to lose some or all of your investment.Even if we conduct extensive due diligence on a target business with which we combine, we cannot assure you that this diligence will identify all material issues that may be present with a particular target business, that it would be possible to uncover all material issues through a customary amount of due diligence, or that factors outside of the target business and outside of our control will not later arise. As a result of these factors, we may be forced to later write down or write off assets, restructure our operations, or incur impairment or other charges that could result in our reporting losses. Even if our due diligence successfully identifies certain risks, unexpected risks may arise and previously known risks may materialize in a manner not consistent with our preliminary risk analysis. Even though these charges may be non-cash items and not have an immediate impact on our liquidity, the fact that we report charges of this nature could contribute to negative market perceptions about us or our securities. In addition, charges of this nature may cause us to violate net worth or other covenants to which we may be subject as a result of assuming pre-existing debt held by a target business or by virtue of our obtaining post-combination debt financing. Accordingly, any shareholder or warrant holder who chooses to remain a shareholder or warrant holder, respectively, following our initial business combination could suffer a reduction in the value of their securities. Such shareholders and warrant holders are unlikely to have a remedy for such reduction in value unless they are able to successfully claim that the reduction was due to the breach by our officers or directors of a duty of care or other fiduciary duty owed to them, or if they are able to successfully bring a private claim under securities laws that the proxy solicitation or tender offer materials, as applicable, relating to the business combination contained an actionable material misstatement or material omission.We may seek acquisition opportunities with an early stage company, a financially unstable business or an entity lacking an established record of revenue or earnings.To the extent we complete our initial business combination with an early stage company, a financially unstable business or an entity lacking an established record of sales or earnings, we may be affected by numerous risks inherent in the operations of the business with which we combine. These risks include investing in a business without a proven business model and with limited historical financial data, volatile revenues or earnings, intense competition and difficulties in obtaining and retaining key personnel. Although our directors and officers will endeavor to evaluate the risks inherent in a particular target business, we may not be able to properly ascertain or assess all of the significant risk factors and we may not have adequate time to complete due diligence. Furthermore, some of these risks may be outside of our control and leave us with no ability to control or reduce the chances that those risks will adversely impact a target business.We may have limited ability to assess the management of a prospective target business and, as a result, may affect our initial business combination with a target business whose management may not have the skills, qualifications or abilities to manage a public company.When evaluating the desirability of effecting our initial business combination with a prospective target business, our ability to assess the target business’ management may be limited due to a lack of time, resources or information. Our assessment of the capabilities of the target’s management, therefore, may prove to be incorrect and such management may lack the skills, qualifications or abilities we suspected. Should the target’s management not possess the skills, qualifications or abilities necessary to manage a public company, the 76 TABLE OF CONTENTSoperations and profitability of the post-combination business may be negatively impacted. Accordingly, any shareholder or warrant holder who chooses to remain a shareholder or warrant holder, respectively, following our initial business combination could suffer a reduction in the value of their securities. Such shareholders and warrant holders are unlikely to have a remedy for such reduction in value unless they are able to successfully claim that the reduction was due to the breach by our officers or directors of a duty of care or other fiduciary duty owed to them, or if they are able to successfully bring a private claim under securities laws that the proxy solicitation or tender offer materials, as applicable, relating to the business combination contained an actionable material misstatement or material omission.The officers and directors of an acquisition candidate may resign upon completion of our initial business combination. The loss of a business combination target’s key personnel could negatively impact the operations and profitability of our post-combination business.The directors and officers of an acquisition candidate may resign upon completion of our initial business combination. The departure of a business combination target’s key personnel could negatively impact the operations and profitability of our post-combination business. The role of an acquisition candidate’s key personnel upon the completion of our initial business combination cannot be ascertained at this time. Although we contemplate that certain members of an acquisition candidate’s management team will remain associated with the acquisition candidate following our initial business combination, it is possible that members of the management of an acquisition candidate will not wish to remain in place.Our management may not be able to maintain control of a target business after our initial business combination. We cannot provide assurance that, upon loss of control of a target business, new management will possess the skills, qualifications or abilities necessary to profitably operate such business.We may structure our initial business combination so that the post-transaction company in which our public shareholders own shares will own less than 100% of the equity interests or assets of a target business, but we will complete such business combination only if the post-transaction company owns or acquires 50% or more of the issued and outstanding voting securities of the target or otherwise acquires a controlling interest in the target business sufficient for us not to be required to register as an investment company under the Investment Company Act. We will not consider any transaction that does not meet such criteria. Even if the post-transaction company owns 50% or more of the voting securities of the target, our shareholders prior to our initial business combination may collectively own a minority interest in the post business combination company, depending on valuations ascribed to the target and us in our initial business combination transaction. For example, we could pursue a transaction in which we issue a substantial number of new ordinary shares in exchange for all of the issued and outstanding capital stock, shares or other equity securities of a target, or issue a substantial number of new shares to third-parties in connection with financing our initial business combination. In this case, we would acquire a 100% interest in the target. However, as a result of the issuance of a substantial number of new ordinary shares, our shareholders immediately prior to such transaction could own less than a majority of our issued and outstanding ordinary shares subsequent to such transaction. In addition, other minority shareholders may subsequently combine their holdings resulting in a single person or group obtaining a larger share of the company’s shares than we initially acquired. Accordingly, this may make it more likely that our management will not be able to maintain our control of the target business.Risks Associated with Acquiring and Operating a Business in Foreign CountriesIf our management team pursues a company with operations or opportunities outside of the United States for our initial business combination, we may face additional burdens in connection with investigating, agreeing to and completing such combination, and if we effect such initial business combination, we would be subject to a variety of additional risks that may negatively impact our operations.If our management team pursues a company with operations or opportunities outside of the United States for our initial business combination, we would be subject to risks associated with cross-border business combinations, including in connection with investigating, agreeing to and completing our initial business combination, conducting due diligence in a foreign market, having such transaction approved by any local governments, regulators or agencies and changes in the purchase price based on fluctuations in foreign exchange rates.77 TABLE OF CONTENTSIf we effect our initial business combination with such a company, we would be subject to any special considerations or risks associated with companies operating in an international setting (including how relevant governments respond to such factors), including any of the following:•costs and difficulties inherent in managing cross-border business operations and complying with commercial and legal requirements of overseas markets;•rules and regulations regarding currency redemption;•complex corporate withholding taxes on individuals;•laws governing the manner in which future business combinations may be effected;•exchange listing or delisting requirements;•tariffs and trade barriers;•regulations related to customs and import/export matters;•local or regional economic policies and market conditions;•unexpected changes in regulatory requirements;•challenges in managing and operating international operations;•longer payment cycles;•tax consequences, such as tax law changes, including termination or reduction of tax and other incentives that the applicable government provides to domestic companies, and variations in tax laws as compared to the United States;•currency fluctuations and exchange controls, including devaluations and other exchange rate movements;•rates of inflation, price instability and interest rate fluctuations;•liquidity of domestic capital and lending markets;•challenges in collecting accounts receivable;•cultural and language differences;•employment regulations;•energy shortages;•underdeveloped or unpredictable legal or regulatory systems;•corruption;•protection of intellectual property;•crime, strikes, riots, social unrest, civil disturbances, terrorist attacks, natural disasters, wars and other forms of social instability;•reg

SEC Filings

Form Type Form Description Filing Date Document Link
10-Q 10-Q 2022-05-13 https://www.sec.gov/Archives/edgar/data/1843370/000114036122019111/brhc10037285_10q.htm
10-K 10-K 2022-04-01 https://www.sec.gov/Archives/edgar/data/1843370/000114036122012620/brhc10035712_10k.htm
NT 10-K NT 10-K 2022-04-01 https://www.sec.gov/Archives/edgar/data/1843370/000114036122012378/brhc10035863_nt10k.htm
SC 13G SC 13G 2022-03-04 https://www.sec.gov/Archives/edgar/data/1843370/000114036122007773/brhc10034680_sc13g.htm
SC 13G/A FORM SC 13G/A 2022-02-14 https://www.sec.gov/Archives/edgar/data/1843370/000106299322004000/formsc13ga.htm
8-K 8-K 2022-01-07 https://www.sec.gov/Archives/edgar/data/1843370/000114036122000897/brhc10032622_8k.htm
8-K FORM 8-K 2021-11-30 https://www.sec.gov/Archives/edgar/data/1843370/000114036121039736/nt10020699x20_8k.htm
SC 13G FORM SC 13G 2021-11-26 https://www.sec.gov/Archives/edgar/data/1843370/000106299321011696/formsc13g.htm
8-K 8-K 2021-11-22 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038874/nt10020699x19_8k.htm
424B4 FORM 424B4 2021-11-19 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038740/nt10020699x18_424b4.htm
S-1MEF S-1MEF 2021-11-18 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038448/nt10020699x17_s1mef.htm
EFFECT 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/999999999521004375/xslEFFECTX01/primary_doc.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038387/xslF345X02/form3.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038386/xslF345X02/form3.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038385/xslF345X02/form3.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038384/xslF345X02/form3.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038383/xslF345X02/form3.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038382/xslF345X02/form3.xml
3 FORM 3 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038381/xslF345X02/form3.xml
CERT 2021-11-17 https://www.sec.gov/Archives/edgar/data/1843370/000135445721001344/8A_Cert_BLEU.pdf
8-A12B FORM 8-A12B 2021-11-16 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038099/nt10020699x16_8-a12b.htm
CORRESP 2021-11-16 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038093/filename1.htm
CORRESP 2021-11-16 https://www.sec.gov/Archives/edgar/data/1843370/000114036121038091/filename1.htm
CORRESP 2021-11-10 https://www.sec.gov/Archives/edgar/data/1843370/000114036121037456/filename1.htm
S-1/A FORM S-1/A 2021-11-10 https://www.sec.gov/Archives/edgar/data/1843370/000114036121037454/nt10020699x12_s1a.htm
UPLOAD 2021-11-09 https://www.sec.gov/Archives/edgar/data/1843370/000000000021013600/filename1.pdf
S-1/A S-1/A 2021-10-29 https://www.sec.gov/Archives/edgar/data/1843370/000114036121035832/nt10020699x10_s1a.htm
CORRESP 2021-10-28 https://www.sec.gov/Archives/edgar/data/1843370/000114036121035834/filename1.htm
UPLOAD 2021-10-14 https://www.sec.gov/Archives/edgar/data/1843370/000000000021012442/filename1.pdf
S-1/A FORM S-1/A 2021-10-05 https://www.sec.gov/Archives/edgar/data/1843370/000114036121033690/nt10020699x9_s1a.htm
S-1/A S-1/A 2021-07-09 https://www.sec.gov/Archives/edgar/data/1843370/000114036121023795/nt10020699x7_s1a.htm
CORRESP 2021-07-08 https://www.sec.gov/Archives/edgar/data/1843370/000114036121023796/filename1.htm
UPLOAD 2021-07-02 https://www.sec.gov/Archives/edgar/data/1843370/000000000021008208/filename1.pdf
S-1 S-1 2021-06-21 https://www.sec.gov/Archives/edgar/data/1843370/000114036121021718/nt10020699x6_s1.htm
DRS/A 2021-05-24 https://www.sec.gov/Archives/edgar/data/1843370/000114036121018438/filename1.htm
DRSLTR 2021-05-21 https://www.sec.gov/Archives/edgar/data/1843370/000114036121018439/filename1.htm
UPLOAD 2021-03-29 https://www.sec.gov/Archives/edgar/data/1843370/000000000021003734/filename1.pdf
DRS 2021-03-02 https://www.sec.gov/Archives/edgar/data/1843370/000114036121006954/filename1.htm