SCHEDULE 13D/A

BLUE GOLD LTD

Class A ordinary shares · CUSIP: G1331C104

Event date: 2025-10-18

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Cavaghan AndrewReported CIK 0002076016

  Shares: 3,984,229.00 · Class: 11.3%

• BCMP Services Limited

  Shares: 0.00 · Class: 2.2%

• Pegasus Capital Limited

  Shares: 2,631,965.00 · Class: 7.5%

• Pegasus Capital Holdings Limited

  Shares: 6,780.00 · Class: 0.02%

• Ms. Elizabeth Cavaghan

  Shares: 8,518.00 · Class: 0.02%

• Blue Gold Holdings Ltd.

  Shares: 350,000.00 · Class: 1.0%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.