Blockfusion Enters into Business Combination with Blue Acquisition Corp.

Winston & Strawn LLP represents Blockfusion, the owner-operator of a strategically located, clean-energy-powered data center, in its announced business combination with Blue Acquisition Corp., a publicly traded special purpose acquisition company. The transaction attributes a pre-money equity value of approximately USD 450 million to Blockfusion and would result in Blockfusion becoming a publicly traded company upon listing.

Under the agreement, Blockfusion will merge with Blue Acquisition Corp., and the combined company is expected to be listed following closing. The transaction will support Blockfusion’s growth strategy and continued investment in its clean-energy-powered data center platform. The business combination remains subject to customary closing conditions, including required regulatory approvals.

This combination advances Blockfusion’s strategy to scale its clean-energy-powered data center platform and further strengthens its position within the broader technology and infrastructure sector

 Press Release:  https://www.prnewswire.com/news-releases/blockfusion-owner-operator-of-a-strategically-located-clean-energy-powered-data-center-to-go-public-via-business-combination-with-blue-acquisition-corp-302620260.html