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

Blue Water Acquisition Corp. III’s (NASDAQ:BLUWU) lock-up period is set to end 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. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Blue Water Acquisition Corp. III Stock Up 5.7%

Shares of Blue Water Acquisition Corp. III stock opened at $10.71 on Wednesday. Blue Water Acquisition Corp. III has a twelve month low of $10.00 and a twelve month high of $10.96. The business has a 50-day simple moving average of $10.13.

Institutional Investors Weigh In On Blue Water Acquisition Corp. III

Institutional investors have recently made changes to their positions in the stock. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Blue Water Acquisition Corp. III during the 3rd quarter worth $100,000. Susquehanna International Group LLP bought a new stake in Blue Water Acquisition Corp. III during the third quarter worth about $158,000. Jane Street Group LLC acquired a new stake in Blue Water Acquisition Corp. III during the second quarter worth about $197,000. Warberg Asset Management LLC bought a new position in Blue Water Acquisition Corp. III in the 2nd quarter valued at about $200,000. Finally, Deltec Asset Management LLC bought a new position in Blue Water Acquisition Corp. III in the 2nd quarter valued at 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.