Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 7

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 7
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 initial shares and private units may 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. Additionally, we will reimburse an affiliate
of our sponsor in an amount equal to $10,000 per month for office space, utilities and secretarial and administrative support made available
to us, as described elsewhere in this prospectus. Upon consummation of this offering, we will repay up to $300,000 in loans made to us
by our sponsor to cover offering-related and organizational expenses. Up to $1,500,000 of working capital loans (“Working Capital
Loans”) made by the sponsor, prior to or in connection with its initial business combination may be convertible into units of the
post-business combination entity at a price of $10.00 per unit at the option of our sponsor. As a result, there may be actual or potential material conflicts of interest between our sponsor and its affiliates on the one hand, and purchasers in this offering on the other hand. See the sections titled “Summary — Sponsor Information”, “Summary — Conflicts of Interest”, “Risk Factors — Our officers and directors will allocate their time to other businesses, thereby potentially limiting the amount of time they devote to our affairs. This conflict of interest could have a negative impact on our ability to consummate our initial business combination”, and “Management — Conflicts of Interest” for more information.

Prior to this offering, there has been no public market for our units, ordinary shares or rights. We have applied to have our units listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “BPAC” on or promptly after the date of this prospectus. The Class A ordinary shares and rights comprising the units will begin separate trading on the 52 ndday after the date of this prospectus unless A.G.P. informs us of its decision to allow earlier separate trading, subject to our satisfaction of certain conditions. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under