Item 8.01. Other Events. As previously disclosed, on March 23, 2026 Blue Water Acquisition Corp. IV (the “Company”) consummated its initial public offering (“IPO”), which consisted of 13,000,000 units (the “Units”), including 500,000 Units issued pursuant to the partial exercise by the underwriters of their over-allotment option.…
Filed Mar 27, 2026Accepted Mar 27, 2026, 4:30 PM EDTCIK 2082847Accession 0001493152-26-013223
We are a blank check company incorporated on August 1, 2025 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. However, our management team has previously engaged in discussions with potential business combination targets in their capacity as previous officers of Blue Water Acquisition Corp. III (“Blue Water III”), prior to their resignation in November 2025 upon the consummation of the sale of all interests the management team and directors held in Blue Water III, through the sponsor of Blue Water III, to a new sponsor. We may pursue business combination targets that have previously been in discussions with our management team during the time they served as Blue Water III’s management team. Further, 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 in
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 8.01Item 8.01 - Other Events
Item 8.01.
Other Events.
As
previously disclosed, on March 23, 2026 Blue Water Acquisition Corp. IV (the “Company”) consummated its initial public offering
(“IPO”), which consisted of 13,000,000 units (the “Units”), including 500,000 Units issued pursuant to the partial exercise by the underwriters of their over-allotment option. Each Unit consists of one Class A ordinary
share, $0.0001 par value (“Class A Ordinary Share”) and one-half of one redeemable warrant of the Company, with each whole
warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share (subject to adjustment). The Units were
sold at an offering price of $10.00 per Unit, generating gross proceeds of $130,000,000.
Simultaneously
with the closing of the IPO, the Company consummated a private placement (the “Private Placement”) of an aggregate of 425,000
units (the “Private Units”) to the Sponsor and BTIG, at a price of $10.00 per Private Unit, generating total proceeds of
$4,250,000. Each Private Unit consists of one Class A Ordinary Share and one-half of one redeemable warrant, with each whole warrant
entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share (subject to adjustment). Of those 425,000 Private
Units, the Sponsor purchased 275,000 Private Units and BTIG purchased 150,000 Private Units.
As
of March 23, 2026, a total of $130,000,000 of the net proceeds from the IPO and the Private Placement, which amount included $4,550,000
in deferred underwriting commissions, was deposited in a trust account established for the benefit of the Company’s public shareholders.
An audited balance sheet as of March 23, 2026, reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement,
is included as Exhibit 99.1 to this Current Report on Form 8-K.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm
EX-99.1
2
ex99-1.htm
EX-99.1
Exhibit
99.1
Blue
Water Acquisition Corp. IV
INDEX
TO FINANCIAL STATEMENT
Page
Report of Independent Registered Public Accounting Firm (PCAOB ID: 149) F-2
Balance F-3
Sheet as of March 23, 2026
Notes F-4
to the Financial Statement
F-1
Report
of Independent Registered Public Accounting Firm
To the Board of Directors and Shareholders
of Blue Water Acquisition Corp. IV
Opinion on the Financial Statement
We have audited the accompanying balance sheet
of Blue Water Acquisition Corp. IV (the “Company”) as of March 23, 2026, and the related notes (collectively referred to
as the “financial statement”). In our opinion, the financial statement presents fairly, in all material respects, the financial
position of the Company as of March 23, 2026, in conformity with accounting principles generally accepted in the United States of America.
Substantial Doubt about the Company’s
Ability to Continue as a Going Concern
The …