Blue Water Acquisition Corp. (BLUWU) to Raise $50 Million in IPO

Blue Water Acquisition Corp. (BLUWU) plans to raise $50 million in an IPO on Tuesday, December 15th, IPO Scoop reports. The company will be issuing 5,000,000 shares at $10.00 per share.

The company has a market-cap of $63 million.

Maxim Group LLC served as the underwriter for the IPO.

Blue Water Acquisition Corp. provided the following description of their company for its IPO: “We intend to focus our search for a target business in the healthcare or¬†healthcare-related industries in the United¬†States and Europe. In particular, we intend to prioritize companies in the life sciences and pharmaceutical services sectors, where our management team has extensive experience. “.

Blue Water Acquisition Corp. was founded in 2020 and has 0 employees. The company is located at 15 E. Putnam Avenue Suite 363 Greenwich, CT 06830 and can be reached via phone at (646) 303-0737.

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