| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Cash and cash equivalents at beginning of period | 0 | - |
| Net income | 2,660,637 | 368,570 |
| Formation, general and administrative costs paid by sponsor under promissory note related party | 101,708 | - |
| Income earned on cash and marketable securities held in trust account | 3,272,459 | 556,881 |
| Prepaid expenses | 127,576 | 8,267 |
| Accounts payable | 35,256 | 2,896 |
| Accrued expenses | 189,275 | -10,748 |
| Administrative support fee related party | 36,333 | 6,333 |
| Formation, general and administrative costs paid by sponsor under promissory note related party | - | 101,708 |
| Due to related party | 8,905 | 8,905 |
| Net cash used in operating activities | -367,921 | -87,484 |
| Investment in trust account | 253,000,000 | 253,000,000 |
| Net cash used in investing activities | -253,000,000 | -253,000,000 |
| Proceeds from issuance of class a ordinary shares | 253,000,000 | 253,000,000 |
| Proceeds from sale of private placement units | 6,830,000 | 6,830,000 |
| Due from related party, net | - | 28,715 |
| Payment of underwriting fees and reimbursements | 5,135,000 | - |
| Payment of promissory note related party | 283,472 | 242,397 |
| Excess proceeds from sale of private placement units | 12,360 | - |
| Payment of deferred offering costs | 296,738 | 296,738 |
| Payment of underwriting fees and reimbursements | - | 5,135,000 |
| Net cash provided by financing activities | 254,127,150 | 254,127,150 |
| Net change in cash | 759,229 | 1,039,666 |
| Cash and cash equivalents at end of period | 759,229 | - |
Blue Water Acquisition Corp. III (BLUWU)
Blue Water Acquisition Corp. III (BLUWU)