Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 153

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 153
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 shareholders at the time of the business combination) and the liquidation   
 of our trust account upon failure to effect a business combination within the allotted time.                                        |     | The proceeds held in the escrow                                                                                                             
 account would not be released until the earlier of the completion of a business combination or the failure to effect a business combination 
 within the allotted time.                                                                                                                   |
| Limitation                                                                                                                   
 on redemption rights of shareholders holding more than 15% of the shares sold in this offering if we hold a shareholder vote |     | If we seek shareholder approval of our initial                                                                                      
 business combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender   
 offer rules, our post-offering amended and restated memorandum and articles of association will provide that a public shareholder,  
 together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert as a “group”    
 (as defined under Section 13 of the Exchange Act), will be restricted from seeking redemption rights with respect to Excess Shares  
 without our prior consent. However, we would not restrict our shareholders’ ability to vote all of their shares (including          
 Excess Shares) for or against our initial business combination.                                                                     |     | Many blank check companies provide no restrictions                                                                                          
 on the ability of shareholders to redeem shares based on the number of shares held by such shareholders in connection with an initial       
 business combination.                                                                                                                       |

<div align='center'>Potential Additional Financings</div>

We may need to obtain additional financing to complete our initial business combination, either because the transaction requires more cash than is available from the proceeds held in our trust account or because we become obligated to redeem a significant number of our public shares upon completion of the business combination, in which case we may issue additional securities or incur debt in connection with such business combination. If we raise additional funds through equity or convertible debt issuances, our public shareholders may suffer significant dilution and these securities could have rights that rank senior to our public shares. If we raise additional funds through the incurrence of indebtedness, such indebtedness would have rights that are senior to our equity securities and could contain covenants that restrict our operations. Further, as described above, due to the anti-dilution rights of our initial shares, our public shareholders may incur material dilution. In addition, we intend to target businesses with enterprise values that are greater than we could acquire with the net proceeds of this offering and the sale of the private placement units