Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 4

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 4
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the closing of this offering. Each placement unit will be identical to the units sold in this offering, except as described in this prospectus.
We refer to these units as the “placement units” throughout this prospectus. The sponsor also holds 5,750,000 Class B ordinary
shares, which we refer to as “founder shares” as further described herein. Three institutional accredited investors and one
individual accredited investor (none of which are affiliated with any member of our management, other members of our sponsor or
any other investor), which we refer to collectively as the “non-managing sponsor investors” throughout this prospectus, have
expressed an interest to indirectly purchase, through the purchase of non-managing sponsor membership interests, 85,000 of the placement
units (whether or not the over-allotment option is exercised in full) at a price of $10.00 per unit ($850,000 in the aggregate) in a
private placement that will close simultaneously with the closing of this offering. Subject to each non-managing sponsor investor purchasing,
through the sponsor, the placement units allocated to it simultaneously with the closing of this offering, the sponsor will issue membership
interests at a nominal purchase price ($0.004) to the non-managing sponsor investors reflecting interests in an aggregate of 1,133,333
founder shares held by the sponsor (whether or not the underwriter’s over-allotment option is exercised in full). Such founder
shares, while indirectly held by the non-managing sponsor investors, shall not be subject to forfeiture either to the extent that the
underwriters do not exercise their over-allotment option, to the extent the sponsor must forfeit founder shares in connection with an
initial business combination, or otherwise, without the consent of holders of a majority of the founder shares indirectly held by the
non-managing sponsor investors. Further, the placement units, while indirectly held by a non-managing sponsor investor, may not be forfeited
or subject to any transfer or exchange without the consent of holders of a majority of the placement units indirectly held by non-managing
sponsor investors. Due to such nominal purchase price, the non-managing sponsor investors will have the potential to realize enhanced
economic returns from their investment as compared to other investors in the offering. Under no circumstances will we issue more than
an aggregate of 573,393 placement units in this offering. As a result, the number of placement units purchased by the non-managing sponsor
investors