Bluerock Acquisition Corp. Announces Closing of $172.5 Million Initial Public Offering Including Exercise of Underwriters' Over-Allotment Option in Full

Concurrently with the closing of the initial public offering, the Company closed on a private placement of 4,500,000 warrants at a price of $1.00 per warrant, resulting in gross proceeds of $4,500,000. Bluerock Acquisition Holdings, LLC, the Company's sponsor, purchased 3,000,000 of the private placement warrants and Cantor Fitzgerald & Co. purchased 1,500,000 of the private placement warrants. Each private placement warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $172,500,000 (or $10.00 per unit sold in the public offering) was placed in trust.

Bluerock Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any business or industry.

"With the successful pricing of Bluerock Acquisition Corp., we believe we offer a compelling value proposition to prospective companies considering a path to the public markets," said Harrison Seideman, Senior Vice President of Bluerock Acquisition Corp. "We intend to focus our sourcing efforts on companies at an inflection point in their growth trajectory seeking a strategic capital partner."

Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC, and Clear Street LLC acted as co-managers for the offering.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on December 10, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street New York, New York 10022, or by email at prospectus@cantor.com.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the Company's search for an initial business combination and the anticipated use of the net proceeds of the initial public offering and simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

Investor Contact:
Harrison Seideman
spac@bluerock.com

Media Contact:
Carly Hampton
CHampton@bluerock.com

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SOURCE Bluerock Acquisition Corp.