Blue Water Announces Separate Trading of its Class A Common Stock

Source: 2/8/2021, Location: North America

Blue Water Acquisition Corp. announced that, commencing February 9, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock (“Class A Common Stock”) and warrants included in the units. Class A Common Stock and warrants that are separated will trade on the Nasdaq Capital Market (“Nasdaq”) under the symbols “BLUW” and “BLUWW,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “BLUWU.”

The units were initially offered by the Company in an underwritten offering. Maxim Group LLC acted as sole book-running manager for the offering.

The public offering was made only by means of a prospectus, copies of which may be obtained from Maxim Group LLC, 405 Lexington Ave Second Floor, New York, NY 10174 at 212-895-3745.

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