Blue Water Acquisition Corp. III (BLUW) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BLUW currently has 25.3M outstanding shares. with significant dilution risk as 23.6M authorized shares could dilute existing holders by 93.3%. The company has significantly diluted shareholders by 342.7% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
10-Q filing | 25.3M shares outstanding |
25M | 24M |
| Apr 14, 2026 |
10-K filing | 26.0M shares outstanding |
26M | 24M |
| Nov 14, 2025 |
10-Q filing | 25.3M shares outstanding |
25M | 24M |
| Jun 12, 2025 |
8-K filing: Blue Water Acquisition Corp. III completed its IPO consisting of 25,300,000 units at $10.00 per unit, generating gross proceeds of $253,000,000, and consummated a private placement of 683,000 units to the Sponsor and BTIG at $10.00 per unit, generating total proceeds of $6,830,000. ($259.83M proceeds) |
5.8M | 24M |
| Jun 05, 2025 |
S-1/A filing: S-1/A filing related to the offering and sale of (i) 20,000,000 units consisting of one Class A ordinary share and one-half of one redeemable warrant; (ii) up to 3,000,000 Units to the underwriter pursuant to an option to purchase up to 15% of the total number of Units to cover over-allotments; (iii) all Class A Ordinary Shares and Warrants issued as part of the Units and the Over-allotment Units; (iv) all Class A Ordinary Shares that may be issued upon exercise of the Warrants; and (v) 600,000 units to be sold in a private placement happening simultaneously with the offering consisting of one Class A ordinary share and one-half of one redeemable warrant to be sold in the private placement. |
5.8M | 24M |
| May 23, 2025 |
S-1/A filing: This S-1/A filing describes an initial public offering of units by Blue Water Acquisition Corp. III, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant, along with a private placement of units to the sponsor and underwriter. |
5.8M | 20M |
| Mar 31, 2025 |
S-1/A filing: This S-1/A filing relates to an initial public offering of units, each consisting of one Class A ordinary share and one-half of one redeemable warrant, by Blue Water Acquisition Corp. III, a blank check company. |
5.8M | 20M |
| Feb 20, 2025 |
S-1 filing: This is an S-1 filing for an initial public offering of units by Blue Water Acquisition Corp. III, a blank check company, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. Simultaneously with this offering, the sponsor and underwriter will purchase private placement units |
5.8M | 21M |