Appleby Advised Blue Acquisition Corp. in Its Definitive Business Combination Agreement With Blockfusion USA, Inc. With a Transaction Value of USD450M

Appleby Advised Blue Acquisition Corp. in Its Definitive Business Combination Agreement With Blockfusion USA, Inc. With a Transaction Value of USD450M

Appleby is pleased to announce that it has acted as Cayman Islands legal counsel to Blue Acquisition Corp. in connection with its definitive business combination with Blockfusion USA, Inc. (Blockfusion) in a reverse merger transaction for USD 450 million.

Upon the closing of the business combination, the post-closing entity will be named Blockfusion Data Centers, Inc., and its securities are expected to be listed on The Nasdaq Stock Market LLC.

Appleby acted as legal advisor on the Cayman Islands aspects of the transaction, drawing on its extensive experience in cross-border SPAC mergers and capital markets transactions.

This transaction continues Appleby’s market leading track record advised on high-profile de-SPAC combinations and capital markets transactions.

The Appleby team was led by Alexandra Low (Counsel), with Simon Raftopoulos (Partner), and other members of the corporate team.

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.