Company: BPAC
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001185185-25-000273
Chunk: 140

Company: Blueport Acquisition Ltd
Filing Date: 2025-04-09
Form: DRS
Chunk 140
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 we may encounter intense competition from other entities having a business objective similar to ours. Many of these entities are well established and have extensive experience identifying and effecting business combinations directly or through affiliates. Many of these competitors possess greater technical, human and other resources than us and our financial resources will be relatively limited when contrasted with those of many of these competitors. While we believe there may be numerous potential target businesses that we could acquire with the net proceeds of this offering, our ability to compete in acquiring certain sizable target businesses may be limited by our available financial resources.

The following also may not be viewed favorably by certain target businesses:

| ● | our                                                                                           
 obligation to seek shareholder approval of a business combination or obtain the necessary     
 financial information to be sent to shareholders in connection with such business combination 
 may delay or prevent the completion of a transaction;                                         |

| ● | our                                                                                         
 obligation to redeem public shares held by our public shareholders may reduce the resources 
 available to us for a business combination;                                                 |

| ● | Nasdaq                                                                                     
 may require us to file a new listing application and meet its initial listing requirements 
 to maintain the listing of our securities following a business combination;                |

| ● | our                                                                  
 outstanding rights and the potential future dilution they represent; |

| ● | our                                                                                       
 obligation to pay the deferred underwriting discounts and commissions to the underwriters 
 upon consummation of our initial business combination;                                    |

| ● | our                                                                                        
 obligation to either repay or issue units upon conversion of up to $[1,500,000] of working 
 capital loans that may be made to us by our initial shareholders, officers, directors or   
 their affiliates;                                                                          |

| ● | our                                                                                               
 obligation to register the resale of the initial shares, as well as the private units (and        
 underlying securities) and any securities issued to our initial shareholders, officers, directors 
 or their affiliates upon conversion of working capital loans; and                                 |

| ● | the                                                                                           
 impact on the target business’ assets as a result of unknown liabilities under the            
 securities laws or otherwise depending on developments involving us prior to the consummation 
 of a business combination.                                                                    |

Any of these factors may place us at a competitive disadvantage in successfully negotiating a business combination. Our management believes, however, that our status as a public entity and potential access to the United States public equity markets may give us a competitive advantage over privately held entities having a similar business objective as ours in acquiring a target business with significant growth potential on favorable terms