Blue Acquisition, Blockfusion revise merger earnout to up to 15,000,000 Pubco shares
BACC•Merger terms revised for Blockfusion combination
Blue Acquisition is pursuing a business combination with Blockfusion Digital Infrastructure, creating a new publicly traded parent company, Blockfusion Digital Infrastructure.
A sixth amendment on Sept. 21, 2026 raised the maximum earnout to 15,000,000 Pubco Class A shares. Earnout triggers were reset to 20-of-30-day VWAP thresholds of $13, $15, and $17, paying one-third at each level.
CoreWeave warrant treatment changed ahead of closing
The amendment excluded CoreWeave’s warrant from fully diluted share calculations used to set exchange ratios at closing.
CoreWeave’s Blockfusion warrant will be cancelled pre-close, and replaced with a Pubco warrant for 2,870,813 Class A shares at $7.46.
