Blue Water Acquisition Corp. III’s Quiet Period Set To End on July 21st (NASDAQ:BLUWU)

Blue Water Acquisition Corp. III’s (NASDAQ:BLUWU) quiet period is set to end on Monday, July 21st. Blue Water Acquisition Corp. III had issued 22,000,000 shares in its public offering on June 10th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During Blue Water Acquisition Corp. III’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Blue Water Acquisition Corp. III to a “hold” rating in a research report on Saturday, June 21st.

Blue Water Acquisition Corp. III Stock Up 0.2%

BLUWU opened at $10.02 on Friday. Blue Water Acquisition Corp. III has a 12-month low of $10.00 and a 12-month high of $10.05.

About Blue Water Acquisition Corp. III

We are a blank check company incorporated on November 1, 2024 as a Cayman Islands exempted company with no material operations of our own and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.