Blue Water Acquisition Corp. III’s Lock-Up Period To Expire on December 8th (NASDAQ:BLUWU)

Blue Water Acquisition Corp. III’s (NASDAQ:BLUWU) lock-up period is set to expire on Monday, December 8th. Blue Water Acquisition Corp. III had issued 22,000,000 shares in its IPO on June 10th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. After the expiration of Blue Water Acquisition Corp. III’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Blue Water Acquisition Corp. III Price Performance

NASDAQ BLUWU opened at $10.60 on Friday. Blue Water Acquisition Corp. III has a 1-year low of $10.00 and a 1-year high of $10.96. The company’s 50 day moving average price is $10.15.

Institutional Investors Weigh In On Blue Water Acquisition Corp. III

Large investors have recently bought and sold shares of the business. Schonfeld Strategic Advisors LLC bought a new position in Blue Water Acquisition Corp. III during the third quarter valued at $100,000. Susquehanna International Group LLP purchased a new stake in shares of Blue Water Acquisition Corp. III during the 3rd quarter valued at about $158,000. Jane Street Group LLC purchased a new stake in shares of Blue Water Acquisition Corp. III during the 2nd quarter valued at about $197,000. Warberg Asset Management LLC bought a new position in shares of Blue Water Acquisition Corp. III in the 2nd quarter valued at about $200,000. Finally, Deltec Asset Management LLC purchased a new position in Blue Water Acquisition Corp. III in the second quarter worth about $500,000.

Blue Water Acquisition Corp. III Company Profile

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.