Blue Water Acquisition Corp. IV (the "Company"), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, has successfully completed its initial public offering (IPO) of 13,000,000 units at an offering price of $10.00 per unit. This IPO, which closed on March 23, 2026, generated gross proceeds of $130 million, including 500,000 units issued due to the partial exercise of the underwriters' over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at a price of $11.50 per share. The units began trading on the New York Stock Exchange (NYSE) under the ticker symbol "BWIV.U" on March 20, 2026. The Company has granted the underwriter a 45-day option to purchase up to an additional 1,875,000 units to cover over-allotments, if any. The registration statement relating to the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on March 19, 2026. The offering is being made only by means of a prospectus, which can be obtained from BTIG, LLC, the sole book-running manager for the offering. The Company intends to focus on high-potential companies in the biotechnology, healthcare, and technology sectors for future business combinations. This IPO marks a significant step for the Company as it seeks to leverage its capital to pursue strategic acquisitions in these high-growth industries.

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