Core Viewpoint - Blue Water Acquisition Corp. III has decided to suspend its participation in the CITGO acquisition process due to misalignment with current market and regulatory conditions [1][2]. Company Overview - Blue Water Acquisition Corp. III (NASDAQ: BWAC) is a special purpose acquisition company focused on merging with businesses that utilize artificial intelligence, data science, and advanced technologies to transform energy, infrastructure, and industrial markets [3]. Market Insights - The CITGO acquisition process provided valuable insights into the U.S. energy infrastructure landscape, but the company concluded that the current conditions do not meet its immediate objectives [2]. Financial Position - Blue Water remains well-capitalized and is focused on pursuing high-impact opportunities across multiple sectors, indicating a strong financial foundation despite the suspension of the CITGO acquisition [2].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39698 BETTER WORLD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 85-2448447 (State or other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to _________ Commission file number: 001-39698 BETTER WORLD ACQUISITION CORP. (Exact name of registrant as specified in its charter) | Delaware | 85-2448447 | | -- ...