Blue Water Acquisition Corp. III (BLUW)
Blue Water Acquisition Corp III presently lacks significant active operations. Formed in 2020, and based in Greenwich, Connecticut, its primary goal is to execute a strategic business combination. This could involve a merger, the acquisition of shares or assets, a share exchange, a reorganization, or a similar transaction with one or more existing entities.
Sector: Blank Checks
Industry: Shell Companies
Blue Water Acquisition Corp III
NASDAQ:BLUWFinancial Services · Shell Companies
+0.10%$10.40
AH Close$10.40+0.00%vs close
AH Close$10.40+0.00%vs close
Mkt Cap$270.22M
Float25.55M
O/S25.98M
Inst Own95.4%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income$4.67M
Total Assets$258.91M
Free Cash Flow-$939K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$249.87M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BLUW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$258.91M
Liabilities$9.05M
Accounts Receivable$0
Accounts Payable$71K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Revenue | $0 | $0 |
| YoY Growth | - | - |
| Cost of Revenue | $0 | $0 |
| Gross Profit | $0 | $0 |
| Gross Margin | - | - |
| Research and Development | $0 | $0 |
| Selling, General, and Administrative | $1.07M | $49K |
| Other | $55K | $0 |
| Total Operating Expenses | $1.13M | $49K |
| Operating Income (EBIT) | -$1.13M | -$49K |
| Operating Margin | - | - |
| Interest Expense | $0 | $0 |
| Interest Income | $5.8M | $0 |
| Other Income (Expense) | $5.8M | $0 |
| Income Before Tax (EBT) | $4.67M | -$49K |
| Income Tax Expense | $0 | $0 |
| Net Income | $4.67M | -$49K |
| Net Income Margin | - | - |
| Supplementary Data | ||
| EPS | 0.23 | -0.00 |
| Diluted EPS | 0.23 | -0.00 |
| Weighted Average OS | 20.52M | 28.12M |
| EBITDA | -$1.13M | -$49K |
| EBITDA Margin | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $258.8M | $0 |
| Short-Term Investments | $0 | $0 |
| Cash and Short-Term Investments | $258.8M | $0 |
| Accounts Receivable | $0 | $0 |
| Inventory | $0 | $0 |
| Other Current Assets | -$258.8M | $0 |
| Total Current Assets | $81K | $0 |
| Long-Term Assets | ||
| Property, Plant & Equipment Net | $0 | $0 |
| Goodwill | $0 | $0 |
| Intangible Assets | $0 | $0 |
| Long-Term Investments | $258.8M | $0 |
| Deferred Tax Assets | $0 | $0 |
| Other Long-Term Assets | $33K | $25K |
| Total Long-Term Assets | $258.83M | $25K |
| Other Assets | $0 | $0 |
| Total Assets | $258.91M | $25K |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $71K | $7K |
| Short-Term Debt | $0 | $2K |
| Current Income Tax Payable | $0 | $0 |
| Current Unearned Revenue | $0 | $0 |
| Other Current Liabilities | $119K | $0 |
| Total Current Liabilities | $190K | $49K |
| Long-Term Liabilities | ||
| Long-Term Debt | $0 | $2K |
| Long-Term Unearned Revenue | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 |
| Other Long-Term Liabilities | $8.86M | -$2K |
| Total Long-Term Liabilities | $8.86M | $0 |
| Other Liabilities | $0 | $0 |
| Total Liabilities | $9.05M | $49K |
| Stockholders' Equity | ||
| Preferred Stock | $0 | $0 |
| Common Stock | $258.8M | $575 |
| Retained Earnings | -$8.93M | -$49K |
| Comprehensive Income & Other | $0 | $0 |
| Other Stockholders' Equity | $0 | $24K |
| Total Equity | $249.87M | -$24K |
| Minority Interest | $0 | $0 |
| Total Liabilities and Equity | $258.91M | $25K |
| Supplementary Data | ||
| Total Debt | $0 | $3K |
| Net Debt | -$258.8M | $3K |
Cash Flow Statement
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-12-31 |
| Operating Activities | |
| Net Income | $4.67M |
| Depreciation & Amortization | $0 |
| Deferred Income Tax | $0 |
| Stock-Based Compensation | $0 |
| Changes in Working Capital: | |
| Accounts Receivable | $79K |
| Inventory | $0 |
| Accounts Payable | $0 |
| Other Working Capital | $9K |
| Total Working Capital Change | $88K |
| Other Non-Cash Items | -$5.69M |
| Net Cash from Operating | -$939K |
| Investing Activities | |
| Capital Expenditures | $0 |
| Acquisitions | $0 |
| Purchases of Investments | $0 |
| Sales of Investments | $0 |
| Other Investing Activities | -$253M |
| Net Cash from Investing | -$253M |
| Financing Activities | |
| Debt Repaid | - |
| Common Stock Issuance | $259.84M |
| Common Stock Repurchases | $0 |
| Dividends Paid | -$188K |
| Other Financing Activities | -$5.43M |
| Net Cash from Financing | $253.94M |
| Forex Effect | $0 |
| Net Change in Cash | $0 |
| Supplementary Data | |
| Operating Cash Flow | -$939K |
| Capital Expenditure | $0 |
| Free Cash Flow | -$939K |
| Cash at Beginning | $0 |
| Cash at End | $0 |