BLUE WATER ACQUISITION CORP. IV ANNOUNCES LETTER OF INTENT FOR A PROPOSED ACQUISITION OF MAHA CAPITAL AB SUBSIDIARIES, CREATING A PUBLIC PLATFORM WITH VENEZUELAN ENERGY EXPOSURE AND HIGH-GROWTH AI FINTECH BUSINESS

NEW YORK, April 28, 2026 /PRNewswire/ -- 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.