Blue World Acquisition Corporation Announces Separate Trading of Its Class A Common Stock, Warrants and Rights Effective March 16, 2022

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New York, NY, March 11, 2022 (GLOBE NEWSWIRE) — Blue World Acquisition Corporation (the “Company”) (Nasdaq: BWAQU), a newly incorporated blank check company, today announced that effective March 16, 2022, holders of the 9,200,000 units (the “Units ) sold under the first public offering (the “Offer”), including Units sold upon the exercise in full of the underwriters’ over-allotment option, may elect to trade the Class A common shares separately, the warrants and rights included in the Units. All unseparated Units will continue to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol “BWAQU”. All of the underlying Common Stock, Warrants and Class A Rights which are separated are expected to trade on NASDAQ under the symbols “BWAQ”, “BWAQW” and “BWAQR”, respectively. Unitholders should instruct their brokers to contact the Company’s transfer agent, Continental Stock Transfer & Trust Company, to separate the holders’ Units into Class A common stock, warrants and rights.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, and there will be no 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 such state or territory.

About Blue World Acquisition Corporation

Blue World Acquisition Corporation is a blank check corporation, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, stock exchange, asset acquisition, purchase shares, reorganization or similar business combination with one or more companies or entities.

Forward-looking statements

This press release contains statements that constitute “forward-looking statements”, including with respect to the separation and trading of the Company’s securities and the search for an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond Blue World Acquisition Corporation’s control, including those set forth in the Risk Factors section of Blue World Acquisition Corporation’s registration statement and prospectus for the offering. initial public of the Company filed with the SECOND. Copies are available on the SEC’s website, Blue World Acquisition Corporation assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact information: Liang (Simon) ShiChairman and CEOEmail: [email protected]: (646) 998-9582

Investor Relations: Jingwen ZhuAssociateEmail: [email protected]: 86 13671834329

Source: Blue World Acquisition Corp.

Luisa D. Fuller