BlueRiver Acquisition (BLUA) has released an update.
BlueRiver Acquisition Corp. filed a proxy statement for its upcoming Extraordinary General Meeting and published supplemental materials indicating an increase in the deposit amount to be made by insiders per Class A ordinary share for each one-month extension of the Original Termination Date. The deposit amount has risen to $0.025 per share, with a total of $280,939.20 for an extension to August 2, 2024, if there are no redemptions. The trust account held approximately $20,259,645 as of January 31, 2024, equating to roughly $10.8171 per share.
For further insights into BLUA stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.