BlueRiver Acquisition shareholders approve extension of business combination deadline

Published 24/07/2025, 13:34
BlueRiver Acquisition shareholders approve extension of business combination deadline

Shareholders of BlueRiver Acquisition Corp. (OTC:BLUA) approved an amendment to the company’s charter on Monday, granting the board authority to extend the deadline for completing a business combination by up to 12 months. The decision was disclosed in a press release statement and detailed in a filing with the Securities and Exchange Commission.

At the extraordinary general meeting held at 12:00 p.m. Eastern Time, shareholders voted on the “Extension Proposal,” which allows the board to extend the original August 2, 2025, deadline for consummating a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The extension can be enacted by the board up to four times, in three-month increments, for a total extension period of up to one year, moving the final possible deadline to August 2, 2026, unless a business combination occurs sooner.

According to the company’s filing, as of the June 27, 2025, record date, there were 8,079,263 ordinary shares eligible to vote. Proxies representing 7,897,876 shares, or approximately 97.8% of the outstanding shares, were received, constituting a quorum. The Extension Proposal was approved with 7,897,872 votes in favor, 4 against, and none abstaining.

A separate proposal to adjourn the meeting, termed the “Adjournment Proposal,” was not presented, as there were sufficient votes to approve the extension.

The approved amendment to BlueRiver Acquisition Corp.’s Amended and Restated Memorandum and Articles of Association became effective on July 21, 2025, following its filing with the Registrar of Companies of the Cayman Islands.

BlueRiver Acquisition Corp. is listed on the OTC Expert Market under the symbols BLUA.U (units), BLUA (Class A ordinary shares), and BLUA.WS (warrants). The information is based on a press release statement and the company’s SEC filing.

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