Sec Form 13G Filing - MOORE CAPITAL MANAGEMENT LP filing for BLEUACACIA LTD SHS (BLEU) - 2024-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

bleuacacia ltd
(Name of Issuer)

Class A Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)

G11728105
(CUSIP Number)

December 31, 2023
(Date of Event which Requires Filing
of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 [  ]
Rule 13d-1(b)
[  ]
Rule 13d-1(c)
[X]
Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



CUSIP NO. G11728105

1.
Names of Reporting Persons
 
      MOORE CAPITAL MANAGEMENT, LP
2.
Check the Appropriate Box If a Member of a Group (See Instructions)
 
      a.   [   ] 
 
      b.   [X]
3.
SEC Use Only
4.
Citizenship or Place of Organization
                       DELAWARE
 
5.
Sole Voting Power
Number of
Shares
 
150,000
Beneficially
Owned By
Each
6.
Shared Voting Power
0
Reporting
Person
With
7.
Sole Dispositive Power
150,000
 
8.
Shared Dispositive Power
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
150,000
10.
Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[   ]
11.
Percent of Class Represented By Amount in Row (9)
9.5%
12.
Type of Reporting Person (See Instructions)
PN; IA

CUSIP NO. G11728105


1.
Names of Reporting Persons
 
      MOORE GLOBAL INVESTMENTS, LLC
2.
Check the Appropriate Box If a Member of a Group (See Instructions)
 
      a.   [   ] 
 
      b.   [X]
3.
SEC Use Only
4.
Citizenship or Place of Organization
                       DELAWARE
 
5.
Sole Voting Power
Number of
Shares
 
150,000
Beneficially
Owned By
Each
6.
Shared Voting Power
0
Reporting
Person
With
7.
Sole Dispositive Power
150,000
 
8.
Shared Dispositive Power
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
150,000
10.
Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[   ]
11.
Percent of Class Represented By Amount in Row (9)
9.5%
12.
Type of Reporting Person (See Instructions)
OO

CUSIP NO. G11728105

1.
Names of Reporting Persons
 
      MOORE CAPITAL ADVISORS, L.L.C.
2.
Check the Appropriate Box If a Member of a Group (See Instructions)
 
      a.   [   ] 
 
      b.   [X]
3.
SEC Use Only
4.
Citizenship or Place of Organization
                       DELAWARE
 
5.
Sole Voting Power
Number of
Shares
 
150,000
Beneficially
Owned By
Each
6.
Shared Voting Power
0
Reporting
Person
With
7.
Sole Dispositive Power
150,000
 
8.
Shared Dispositive Power
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
150,000
10.
Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[   ]
11.
Percent of Class Represented By Amount in Row (9)
9.5%
12.
Type of Reporting Person (See Instructions)
OO

CUSIP NO. G11728105

1.
Names of Reporting Persons
 
      LOUIS M. BACON
2.
Check the Appropriate Box If a Member of a Group (See Instructions)
 
      a.   [   ] 
 
      b.   [X]
3.
SEC Use Only
4.
Citizenship or Place of Organization
                      UNITED STATES
 
5.
Sole Voting Power
Number of
Shares
 
150,000
Beneficially
Owned By
Each
6.
Shared Voting Power
0
Reporting
Person
With
7.
Sole Dispositive Power
150,000
 
8.
Shared Dispositive Power
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
150,000
10.
Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
[   ]
11.
Percent of Class Represented By Amount in Row (9)
9.5%
12.
Type of Reporting Person (See Instructions)
IN


Item 1(a).
Name of Issuer:
 
 
 
bleuacacia ltd (the “Issuer”).
 
 
Item 1(b).
Address of the Issuer's Principal Executive Offices:
 
 
 
500 Fifth Avenue
 
New York, New York 10110
 
 
Item 2(a).
Name of Person Filing
 
 
 
This statement is being filed (1) by Moore Capital Management, LP, a Delaware limited partnership (“MCM”), (2) by Moore Global Investments, LLC, a Delaware limited liability company (“MGI”), (3) by Moore Capital Advisors, L.L.C., a Delaware limited liability company (“MCA”) and (4) by Louis M. Bacon (“Mr. Bacon”), a United States citizen, in his capacity as chairman, chief executive officer and director of MCM. MCM serves as discretionary investment manager to MGI. MCA is the managing member of MGI. Mr. Bacon is the indirect majority owner of and controls MCM and MCA and is the indirect majority owner of MGI. This statement relates to Shares (as defined below) held by MGI. Each of MCM, MGI, MCA and Mr. Bacon, in the capacities set forth above, may be deemed to be the beneficial owner of Shares, as applicable.
 
 
Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
 
 
The principal business office of each of MCM, MGI, MCA and Mr. Bacon is located at 11 Times Square, 39th Floor, New York, New York 10036.
 
 
Item 2(c).
Citizenship:
i)  
MCM is a Delaware limited partnership;
ii)  
MGI is a Delaware limited liability company;
iii)  
MCA is a Delaware limited liability company; and
iv)  
Mr. Bacon is a United States citizen.

Item 2(d).
Title of Class of Securities:
 
 
Class A Ordinary Shares, $0.0001 par value per share (the "Shares").
 
 
Item 2(e).
CUSIP Number:
 
 
 
G11728105
 
 
Item 3.
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
 
 
This Item 3 is not applicable.
 
 
Item 4.
Ownership:
 
 
Item 4(a).
Amount Beneficially Owned:
 
 
 
Items 5 through 9 and 11 of each of the cover pages to this Schedule 13G are incorporated herein by reference.

As of December 31, 2023:
 
MGI directly holds and beneficially owns 150,000 Shares. Each of MCM, MCA and Mr. Bacon may be deemed to be the beneficial owner of the 150,000 Shares held by MGI.
 
 
Item 4(b).
Percent of Class:
 
 
 
As of December 31, 2023:
 
Each of MCM, MGI, MCA and Mr. Bacon may be deemed to be the beneficial owner of approximately 9.5% of the Issuer’s outstanding Shares, based on 1,584,049 Shares outstanding as of December 7, 2023, as reported in the Issuer’s Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on December 13, 2023.
   
Item 4(c).
Number of shares as to which such person has:
 
 


As of December 31, 2023:

 
MCM
 
(i)
Sole power to vote or direct the vote
150,000
 
(ii)
Shared power to vote or to direct the vote
0
 
(iii)
Sole power to dispose or to direct the disposition of
150,000
 
(iv)
Shared power to dispose or to direct the disposition of
0
   
 
MGI
 
(i)
Sole power to vote or direct the vote
150,000
 
(ii)
Shared power to vote or to direct the vote
0
 
(iii)
Sole power to dispose or to direct the disposition of
150,000
 
(iv)
Shared power to dispose or to direct the disposition of
0

 
MCA
 
(i)
Sole power to vote or direct the vote
150,000
 
(ii)
Shared power to vote or to direct the vote
0
 
(iii)
Sole power to dispose or to direct the disposition of
150,000
 
(iv)
Shared power to dispose or to direct the disposition of
0
 
 
 
 
 
Mr. Bacon
 
(i)
Sole power to vote or direct the vote
150,000
 
(ii)
Shared power to vote or to direct the vote
0
 
(iii)
Sole power to dispose or to direct the disposition of
150,000
 
(iv)
Shared power to dispose or to direct the disposition of
0

Item 5.
Ownership of Five Percent or Less of a Class:
 
 
 
If this statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [   ].
 
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
 
 
This Item 6 is not applicable.
 
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
 
 
 
This Item 7 is not applicable.
 
 
Item 8.
Identification and Classification of Members of the Group:
 
 
 
This Item 8 is not applicable.
 
 
Item 9.
Notice of Dissolution of Group:
 
 
 
This Item 9 is not applicable.
 
 
Item 10.
Certification:
 

This Item 10 is not applicable.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

             
Date: February 14, 2024
 
 
 
MOORE CAPITAL MANAGEMENT, LP
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Vice President
     
Date: February 14, 2024
 
 
 
MOORE GLOBAL INVESTMENTS, LLC
     
 
 
 
 
By: Moore Capital Management, LP
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Vice President
     
Date: February 14, 2024
 
 
 
MOORE CAPITAL ADVISORS, L.L.C.
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Vice President
     
Date: February 14, 2024
 
 
 
LOUIS M. BACON
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Attorney-in-Fact


EXHIBIT INDEX

A.
 Joint Filing Agreement, dated as of February 14, 2024, by and between Moore Capital Management, LP, Moore Global Investments, LLC, Moore Capital Advisors, L.L.C. and Louis M. Bacon.

B.

 Power of Attorney, dated as of February 10, 2022, granted by Louis M. Bacon in favor of James E. Kaye and James Danza.

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A Ordinary Shares, $0.0001 par value per share, of bleuacacia ltd dated as of February 14, 2024, is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934.

             
Date: February 14, 2024
 
 
 
MOORE CAPITAL MANAGEMENT, LP
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Vice President
     
Date: February 14, 2024
 
 
 
MOORE GLOBAL INVESTMENTS, LLC
     
 
 
 
 
By: Moore Capital Management, LP
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Vice President
     
Date: February 14, 2024
 
 
 
MOORE CAPITAL ADVISORS, L.L.C.
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Vice President
     
Date: February 14, 2024
 
 
 
LOUIS M. BACON
       
 
 
 
 
By:
 
/s/ James E. Kaye
 
 
 
 
 
 
James E. Kaye
 
 
 
 
 
 
Attorney-in-Fact





EXHIBIT B

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENT, that I, Louis M. Bacon, hereby make constitute and appoint each of James E. Kaye and James Danza, acting individually, as my agent and attorney-in-fact for the purpose of executing in my name (a) in my personal capacity or (b) in my capacity as Chairman and Chief Executive Officer of each of Moore Capital Management, LP and Moore Capital Advisors, L.L.C. and their respective affiliates all documents, certificates, instruments, statements, filing and agreements ("documents") to be filed with or delivered to any foreign or domestic governmental or regulatory body or required or requested by any other person or entity pursuant to any legal or regulatory requirement relating to the acquisition, ownership, management or disposition of securities or other investments, and any other documents relating or ancillary thereto, including but not limited to, all documents relating to filings with the United States Securities and Exchange Commission (the "SEC") pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934 (the "Act") and the rules and regulations promulgated thereunder, including: (1) all documents relating to the beneficial ownership of securities required to be filed with the SEC pursuant to Section 13(d) or Section 16(a) of the Act including, without limitation: (a) any acquisition statements on Schedule 13D or Schedule 13G and any amendments thereto, (b) any joint filing agreements pursuant to Rule 13d-1(k), and (c) any initial statements of, or states of changes in, beneficial ownership of securities on Form 3, Form 4 or Form 5 and (2) any information statements on Form 13F required to be filed with the SEC pursuant to Section 13(f) of the Act.
This power of attorney shall be valid from the date hereof until revoked by me.
IN WITNESS WHEREOF, I have executed this instrument as of the February 10, 2022.
/s/ Louis M. Bacon 
Louis M. Bacon