Company: BPAC
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001185185-25-000502
Chunk: 258

Company: Blueport Acquisition Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 258
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encing three months prior to the date on which these ordinary shares are to be released from trust. The holders of a majority of the private units and units issued in payment of working capital loans made to us can elect to exercise these registration rights at any time commencing on the date that the Company consummate an initial business combination. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the consummation of an initial business combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

<div align='center'>F-13

BLUEPORT ACQUISITION LTD

NOTES TO FINANCIAL STATEMENTS</div>

Note 6 — Commitments and Contingency(cont.)

Underwriting Agreement

The Company has granted the underwriters a 45-day option from the date of the Proposed Public Offering to purchase up to 1,035,000 additional Units to cover over-allotments, if any, at the Proposed Public Offering price less the underwriting discounts and commissions.

The underwriters will be entitled to a cash underwriting discount of 1.50% of the gross proceeds of the Proposed Public Offering, or $1,035,000 (or $1,190,250 if the over-allotment option is exercised in full). Additionally, the underwriters will be entitled to a deferred underwriting discount of 2% or $1,380,000 (or $1,587,000 if the underwriters’ over-allotment option is exercised in full) of the gross proceeds of the Proposed Public Offering held in the Trust Account upon the completion of the Company’s initial Business Combination subject to the terms of the underwriting agreement.

The underwriters have agreed (i) to waive their redemption rights with respect to such shares in connection with the completion of its initial Business Combination, and (ii) to waive their rights to liquidating distributions from the Trust Account with respect to such shares if the Company fails to complete its initial Business Combination within 15 months from the closing of the Proposed Public Offering (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to our amended and restated memorandum and articles of association).

Note 7 — Shareholder’s Equity

Class A Ordinary shares— The Company is authorized to issue up to 450,000,000 shares of Class A ordinary shares with $0.0001 par value.