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Company research

Blue Water Acquisition Corp. III

CIK 2050501Updated Sep 24, 2026

BLUW price & chart

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About the company

We are a blank check company incorporated on November 1, 2024 as a Cayman Islands exempted company with no material operations of our own and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on high-potential companies in the biotechnology, healthcare and technology sectors. Our mission is to leverage our management team’s extensive expertise and deep industry connections to drive transformative advancements and generate substantial returns for our investors.

424B4 · 2025-06-11 · 0001641172-25-014598

Company description from the cited filing.

Financials

FY 2025 · USD
Revenue · FY 2025
Net income4,667,721USD · FY 2025
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Operating income-1,128,842USD · FY 2025
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Diluted EPS · FY 2025

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024
ASSETS
AssetsUSD258,910,967
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

25,000
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD0
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

0
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2024-12-31

Assets, CurrentUSD81,145
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD9,045,149
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

48,541
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD24,425
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Retained Earnings (Accumulated Deficit)USD-8,931,446
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

-48,541
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Stockholders' Equity Attributable to ParentUSD-8,930,745
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

-23,541
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Liabilities and EquityUSD258,910,967
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

25,000
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Current liabilities:
Liabilities, CurrentUSD190,149
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

48,541
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Accounts Payable, CurrentUSD71,184
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

7,036
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD103,965
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

15,000
Source

10-Q · 2025-08-14 · 0001641172-25-024010

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD4,667,721
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts PayableUSD79,148
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-938,877
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-253,000,000
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD253,938,877
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD0
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD0
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2025-12-31

0
Source

10-K · 2026-04-14 · 0001104659-26-043320

As of 2024-12-31

Additional Financial Items
Investment Income, InterestUSD5,796,563
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Net Income (Loss) Attributable to ParentUSD4,667,721
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Nonoperating Income (Expense)USD5,796,563
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Operating ExpensesUSD1,128,842
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Payments to Acquire InvestmentsUSD253,000,000
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Proceeds from Issuance of Common StockUSD253,000,000
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025
Operating Income (Loss)USD-1,128,842
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Net Income (Loss) Attributable to ParentUSD4,667,721
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Additional Financial Items
Investment Income, InterestUSD5,796,563
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Nonoperating Income (Expense)USD5,796,563
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Operating ExpensesUSD1,128,842
Source

10-K · 2026-04-14 · 0001104659-26-043320

2025-01-01 to 2025-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-285075

424B4 · 2025-06-11 · 0001641172-25-014598

Terms from the governing filing for this registration; not a claim that the offering is open today.

Gross proceeds
220000000.0
Net proceeds
207900000.0
Deal price
10.0
Shares
22000000
Offering amount
$220,000,000
Offering price
$10.00
Ticker
BLUWU

Filing attachments

ex99-1.htm · 8-K · 2025-07-29

EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Blue Water Acquisition Corp. III Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing July 31, 2025 GREENWICH, Conn., July 28, 2025 - Blue Water Acquisition Corp. III (Nasdaq: BLUWU) (the “Company”) today announced that, commencing July 31, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units.

8-K · 2025-07-29 · 0001641172-25-021227

Read attachment ↗
ex99-1.htm · 8-K · 2025-06-17

EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Blue Water Acquisition Corp. III INDEX TO FINANCIAL STATEMENT Page Report F-2 of Independent Registered Public Accounting Firm (PCAOB ID: 149) Balance F-3 Sheet as of June 11, 2025 Notes

8-K · 2025-06-17 · 0001641172-25-015454

Read attachment ↗
ex4-1.htm · 8-K · 2025-06-12

EX-4.1 4 ex4-1.htm EX-4.1 Exhibit 4.1 WARRANT AGREEMENT THIS WARRANT AGREEMENT (this “ Agreement ”), dated as of June 9, 2025, is by and between Blue Water Acquisition Corp. III, a Cayman Islands exempted company (the “ Company ”), and Continental Stock Transfer & Trust Company, a New York corporation, as warrant agent (in such capacity, the “ Warrant Agent,” and also referred to herein as the “ Transfer Agent ”). WHEREAS, the Company is engaged in an initial public offering (the “ Offeri

8-K · 2025-06-12 · 0001641172-25-014782

Read attachment ↗
ex99-1.htm · 8-K · 2025-06-12

EX-99.1 12 ex99-1.htm EX-99.1 Exhibit 99.1 Blue Water Acquisition Corp. III Announces the Upsized Pricing of $220 Million Initial Public Offering GREENWICH, Conn., June 10, 2025 /PRNewswire/ - Blue Water Acquisition Corp. III (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chairman and Chief Executive Officer Joseph Hernandez, today announced the upsized pricing of its initial public offering of 22,000,000 units

8-K · 2025-06-12 · 0001641172-25-014782

Read attachment ↗
ex99-2.htm · 8-K · 2025-06-12

EX-99.2 13 ex99-2.htm EX-99.2 Exhibit 99.2 Blue Water Acquisition Corp. III Announces Closing of Upsized $253 Million Initial Public Offering GREENWICH, CT, June 11, 2025 - Blue Water Acquisition Corp. III (the “Company”) (Nasdaq: BLUWU), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chairman and Chief Executive Officer Joseph Hernandez, today announced the closing of its upsized initial public offering of 25,300,000 units, whi

8-K · 2025-06-12 · 0001641172-25-014782

Read attachment ↗
ex107.htm · S-1 · 2025-02-20

EX-FILING FEES 9 ex107.htm Exhibit 107 Calculation of Filing Fee Tables Form S-1 (Form Type) BLUE WATER ACQUISITION CORP. III (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Off

S-1 · 2025-02-20 · 0001493152-25-007630

Read attachment ↗