Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 275

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 275
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 control the sponsor. In addition, the non-managing sponsor investors
will have no right to vote any securities that they hold indirectly through their membership units of the sponsor or participate in any
decision regarding the disposal of any security held by the sponsor, or otherwise. The non-managing sponsor investors’ membership
interests in our sponsor track our underlying securities on a 1:1 basis. The non-managing sponsor investors will have the same rights
to the funds held in the trust account with respect to the public shares comprising part of the units they may purchase in this offering
as the rights afforded to our other public shareholders. However, if the non-managing sponsor investors purchase all of the units
for which they have expressed to us an interest in purchasing or otherwise hold a substantial number of our units, then the non-managing sponsor
investors will potentially have different interests than our other public shareholders in approving our initial business combination
and otherwise exercising their rights as public shareholders because of their indirect ownership of founder shares as further discussed
in this prospectus.

There can be no assurance
that the non-managing sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount
of the units these investors will retain, if any, prior to or upon the consummation of our initial business combination. Because these
expressions of interest are not binding agreements or commitments to purchase, non-managing sponsor investors may determine to purchase
fewer units in this offering, more units in this offering, or none at all. In addition, the underwriters have full discretion to allocate
the units to investors and may determine to sell fewer units to the non-managing sponsor investors, or none at all, and the purchase
of the non-managing sponsor membership interests is not contingent upon the participation in this offering or vice-versa. Depending
on how many units are purchased by the non-managing sponsor investors, the post-offering trading volume, volatility and liquidity
of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public
investors. We do not expect any purchase of units by the non-managing sponsor investors to negatively impact our ability to meet
NYSE listing eligibility requirements. The underwriter will receive the same upfront discounts and commissions and deferred underwriting
commissions on units purchased by the non-managing sponsor investors, if any, as it will on the other units sold to the public in
this offering. In the