Blue Acquisition Corp/Cayman
For the period ended Mar 31, 2025. Filed Aug 4, 2025.
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Mar 31, 2025 · Filed Aug 4, 2025
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Item 1A. Risk Factors
We have identified a material weakness in our internal control over financial reporting as of March 31, 2025. If we are unable to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results in a timely manner, which may adversely affect investor confidence in us and materially and adversely affect our business and operating results.
We have identified a material weakness in our internal controls over financial reporting as of March 31, 2025 due to a lack of properly designed, implemented, and effectively operating controls. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented, or detected and corrected on a timely basis.
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