BWC

Blue Whale Acquisition Corp I

A special purpose acquisition company, or SPAC — a "blank check" firm that raises money from investors to later buy or merge with a private business. Blue Whale Acquisition Corp I was created by Mubadala Capital, the investment arm of Abu Dhabi's sovereign wealth fund, to hunt for a deal in media, entertainment, and technology. It went public in 2021 but wound down in 2023 without completing a merger, and its name nods to the blue whale, the largest animal on Earth.