Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 171

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 171
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 an initial business combination. For the foregoing reasons, the personal and financial interests of our directors and executive officers may influence their motivation in identifying and selecting a target business, completing a business combination in a timely manner and securing the release of their shares. |

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Under Cayman Islands law, directors
owe the following fiduciary duties:

| ● | duty to act in good faith in what the director believes to be in the best interests of the company as a whole; |

| ● | duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose; |

| ● | directors should not improperly fetter the exercise of future discretion; |

| ● | duty not to put themselves in a position in which there is a conflict between their duty to the company and their personal interests; and |

| ● | duty to exercise independent judgment. |

In addition to the above, directors
also owe a duty to act with skill, care and diligence. This duty has been defined as a requirement to act as a reasonably diligent person
having both the general knowledge, skill and experience that may reasonably be expected of a person carrying out the same functions as
are carried out by that director in relation to the company and the general knowledge, skill and experience which that director has.

As set out above, directors have
a duty not to put themselves in a position of conflict and this includes a duty not to engage in self-dealing, or to otherwise benefit
as a result of their position. However, in some instances what would otherwise be a breach of this duty can be forgiven and/or authorized
in advance by the shareholders provided that there is full disclosure by the directors. This can be done by way of permission granted
in the post-offering amended and restated memorandum and articles of association or alternatively by shareholder approval at general meetings.

Accordingly, as a result of multiple
business affiliations, our officers and directors may have similar legal obligations relating to presenting business opportunities meeting
the above-listed criteria to multiple entities. In addition, conflicts of interest may arise when our board evaluates a particular business
opportunity with respect to the above-listed criteria. We cannot assure you that any of the above-mentioned conflicts will be resolved
in our favor. Furthermore, most of our officers and directors have pre-existing fiduciary obligations to other businesses of which they
are officers or directors. To the extent they identify business opportunities which may be suitable for the entities to which they owe