Blue Water Acquisition Signs Letter Of Intent To Acquire Maha Capital AB's Subsidiaries; Financial Terms Undisclosed

Blue Water Acquisition Corp. IV (NYSE:BWIV) ("BWIV"), a publicly listed special purpose acquisition company (the "Company"), today announced that it has entered into a letter of intent ("LOI") to acquire substantially all of Maha Capital AB ("Maha") subsidiaries inclusive of their respective assets and contracts expected to result in the formation of a publicly traded company listed on the New York Stock Exchange (NYSE). The Company will be headquartered in New York City and will create a differentiated portfolio of energy and financial technology assets.