BLEU bleuacacia ltd

CUSIP No. G11728105

1 Names of Reporting Persons

Sea Otter Advisors LLC

2 Check the appropriate box if a member of a Group (see instructions)


(a)[ ]
(b)[ ]

3 Sec Use Only



4 Citizenship or Place of Organization

State of Delaware

Number of Shares Beneficially Owned by Each Reporting Person With:

5  Sole Voting Power

        150,000

6 Shared Voting Power
        0

7  Sole Dispositive Power

        150,000

8 Shared Dispositive Power
        0

9 Aggregate Amount Beneficially Owned by Each Reporting Person

        150,000

10 Check box if the aggregate amount in row (9) excludes
certain shares (See Instructions)

[ ]

11 Percent of class represented by amount in row (9)


        9.47%

12 Type of Reporting Person (See Instructions)

IA


(1)     The percentage set forth in Row 11 of this Cover Page is based
on the 1,584,019 shares of Common Stock (as defined herein) outstanding
as of May 19,2023, as reported on the Form 8-K of theIssuer
(as defined herein) filed with the Securities and Exchange Commission
on May 19, 2023.


Item 1.
(a)     Name of Issuer: Bleuacacia ltd

(b)     Address of Issuers Principal Executive Offices:

500 Fifth Avenue
44th Floor
New York, NY 10110

Item 2.
(a) Name of Person Filing: This statement is filed by Sea Otter
Advisors LLC., a company incorporated in Delaware, which
serves as the investment advisor to Sea Otter Trading LLC

(b) Address of Principal Business Office or, if None, Residence:
The address of the business office of each of the Reporting Persons
is 107 Grand St, 7th Floor, New York, New York 10013.

(c) Citizenship:        Sea Otter Advisors is organized as
a limited liability company in the state of Delaware.

(d) Title and Class of Securities: Common Stock

(e) CUSIP No.:  G11728105


Item 3.         If this statement is filed pursuant to  240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(a)     [  ]    Broker or dealer registered under Section 15 of the Act;
(b)     [_]     Bank as defined in Section 3(a)(6) of the Act;
(c)     [_]     Insurance company as defined in Section 3(a)(19) of the Act;
(d)     [_]     Investment company registered under Section 8 of the Investment
Company Act of 1940;
(e)     [X]     An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)     [_]     An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g)     [_]     A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h)     [_]     A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i)     [_]     A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940;
(j)     [_]     A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
(k)     [_]     Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a
non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: ____

Item 4. Ownership

The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the
Cover Page and is incorporated herein by reference.


Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [    ].

Item 6. Ownership of more than Five Percent on Behalf of Another Person.
        Not applicable

Item 7. Identification and classification of the subsidiary which acquired
the security being reported on by the parent holding company or control person.
        Not applicable

Item 8. Identification and classification of members of the group.
        Not applicable

Item 9. Notice of Dissolution of Group.
        Not applicable

Item 10. Certifications

SIGNATURE
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect,
other than activities solely in connection with a nomination under 240.14a-11.
Dated: May 23, 2023

Patrick Kane, Chief Compliance Officer