Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 307

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 307
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 share capitalization or a share repurchase or surrender or other appropriate mechanism immediately prior to the consummation
of this offering in such amount as to maintain the number of founder shares at 25% of our issued and outstanding founder shares and public
shares upon the consummation of this offering. Any additional Class B ordinary shares issued to our sponsor through such a share capitalization
would be issued at their nominal par value and may result in material dilution to the implied value of the shares held by our public
shareholders. Further, if we incur any indebtedness in connection with our initial business combination, our ability to declare dividends
following completion of our initial business combination may be limited by restrictive covenants we may agree to in connection therewith.

Our Transfer Agent and Warrant Agent

The transfer agent for our ordinary
shares and warrant agent for our warrants is Continental Stock Transfer & Trust Company. We have agreed to indemnify Continental
Stock Transfer & Trust Company in its roles as transfer agent and warrant agent, its agents and each of its shareholders, directors,
officers and employees against all liabilities, including judgments, costs and reasonable counsel fees that may arise out of acts performed
or omitted for its activities in that capacity, except for any liability due to any gross negligence, willful misconduct or bad faith
of the indemnified person or entity. Continental Stock Transfer & Trust Company has agreed that it has no right of set-off or any
right, title, interest or claim of any kind to, or to any monies in, the trust account, and has irrevocably waived any right, title,
interest or claim of any kind to, or to any monies in, the trust account that it may have now or in the future. Accordingly, any indemnification
provided will only be able to be satisfied, or a claim will only be able to be pursued, solely against us and our assets outside the
trust account and not against the any monies in the trust account or interest earned thereon.

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Certain Differences in Corporate Law

Cayman Islands companies are
governed by the Companies Act. The Companies Act is modeled on English law but does not follow recent English law statutory enactments,
and differs from laws applicable to U.S. corporations and their shareholders. Set forth below is a summary of the material differences
between the provisions of the Companies Act applicable to us and the laws applicable to companies incorporated in the United States and
their shareholders.

Merg