Blue Water Acquisition III LLC - 25 Nov 2025 Form 4 Insider Report for Blue Water Acquisition Corp. III (BLUW)

Role
10%+ Owner
Signature
Signed by the Managing Member of Blue Water Acquisition III LLC /s/ Joseph Hernandez
Issuer symbol
BLUW
Transactions as of
25 Nov 2025
Net transactions value
$0
Form type
4
Filing time
28 Nov 2025, 17:05:03 UTC
Previous filing
12 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Blue Water Acquisition III LLC 10%+ Owner 15 E PUTNAM AVENUE, SUITE 363, GREENWICH Signed by the Managing Member of Blue Water Acquisition III LLC /s/ Joseph Hernandez 28 Nov 2025 0002073165

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLUW Class A ordinary shares Sale -430,000 -50% 430,000 25 Nov 2025 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BLUW Class B ordinary shares Other -6,325,000 -100% 0 25 Nov 2025 Class A Ordinary Shares 6,325,000 Direct F1, F2
transaction BLUW Warrants to purchase Class A ordinary shares Other -215,000 -100% 0 25 Nov 2025 Class A ordinary shares 215,000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Blue Water Acquisition III LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the Purchase Agreement, dated as of November 25, 2025, by and among the Issuer, Blue Water Acquisition III LLC (the "Original Sponsor") and Yorkville BW Acquisition Sponsor, LLC (the "New Sponsor"), the Original Sponsor sold to the New Sponsor an aggregate of 6,325,000 Class B ordinary shares (the "Founder Shares") and 430,000 private placement units (the "Private Placement Units"), consisting of 430,000 Class A ordinary shares and 215,000 warrants to purchase Class A ordinary shares of the Issuer (the "Private Placement Warrants"). The New Sponsor purchased the Founder Shares and Private Placement Units for an aggregate purchase price of $7,200,000.
F2 The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis.
F3 Represents securities included in the 430,000 Private Placement Units.
F4 Each whole Private Placement Warrant entitles the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The Private Placement Warrants will become exercisable at the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.