Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 201

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 201
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target business or businesses, we are not required to obtain an opinion from an independent entity that commonly renders valuation opinions
that the price we are paying for a target is fair to our company from a financial point of view. If no opinion is obtained, our shareholders
will be relying on the business judgment of our board of directors, which will have significant discretion in choosing the standard used
to establish the fair market value of the target or targets, and different methods of valuation may vary greatly in outcome from one
another. Such standards used will be disclosed in our tender offer documents or proxy solicitation materials, as applicable, related
to our initial business combination.

Members of our management team
may directly or indirectly own our ordinary shares and/or placement units following this offering, and, accordingly, may have a conflict
of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business
combination. The low price that our sponsor, executive officers and directors (directly or indirectly) paid for the founder shares creates
an incentive whereby our officers and directors could potentially make a substantial profit even if we select an acquisition target that
subsequently declines in value and is unprofitable for public shareholders. If we are unable to complete our initial business combination
within the completion window, or by such earlier liquidation date as our board of directors may approve, the founder shares and placement
units will expire worthless, except to the extent they receive liquidating distributions from assets outside the trust account, which
could create an incentive for our sponsor, executive officers and directors to complete a transaction even if we select an acquisition
target that subsequently declines in value and is unprofitable for public shareholders. Further, each of our officers and directors may
have a conflict of interest with respect to evaluating a particular business combination if the retention or resignation of any such
officers and directors was included by a target business as a condition to any agreement with respect to our initial business combination.

Each of our directors and officers
presently has, and in the future any of our directors and our officers may have additional, fiduciary or contractual obligations to other
entities pursuant to which such officer or director is or will be required to present acquisition opportunities to such entity. Accordingly,
subject to his or her fiduciary duties under Cayman Islands law, if any of our officers or directors becomes aware of an acquisition
opportunity which is suitable for an entity to which he or she has then current fiduciary or contractual obligations, he or