Blue Acquisition Corp issues up to $50,000 unsecured note to director Dario Ferrari
Blue Acquisition Corp, a Cayman Islands blank-check company, issued an unsecured, non-interest-bearing promissory note of up to $50,000 to director Dario Dino Ferrari to fund working capital. The note is repayable only upon completion of its proposed business combination with Blockfusion USA, Inc. or on liquidation, and repayment outside the trust account is limited to any funds remaining there, which is a modest financing step with limited dilution-free funding for shareholders.
Key points
- Unsecured promissory note issued November 3, 2026, for up to $50,000 to director Dario Dino Ferrari
- Note bears no interest; principal due on the earlier of the Blockfusion business combination or liquidation
- Payee waives claims against the trust account; repayment otherwise limited to funds outside the trust, if any
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.