Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 267

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 267
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 conflict of interest in determining whether a particular target business is an appropriate business with         
 which to effectuate our initial business combination as such loans may not be repaid and/or such expenses may not be reimbursed unless   
 we consummate such business combination.                                                                                                 |

| ● | We are not prohibited from pursuing an initial                                                                                             
 business combination with a company that is affiliated with our sponsor, officers or directors, any of the non-managing sponsor investors, 
 or any of their respective affiliates, or completing the business combination through a joint venture or other form of shared ownership    
 with our sponsor, officers or directors, the non-managing sponsor investors, or any of their respective affiliates; accordingly,           
 such affiliated person(s) may have a conflict of interest in determining whether a particular target business is an appropriate business   
 with which to effectuate our initial business combination as such affiliated person(s) would have interests different from our public      
 shareholders and would likely not receive any financial benefit unless we consummated such business combination.                           |

| ● | Our sponsor, officers and directors may participate in the                                                                                  
 formation of, or become an officer or director of, any other blank check company prior to completion of our initial business combination.   
 As a result, our sponsor, officers or directors could have conflicts of interest in determining whether to present business combination     
 opportunities to us or to any other blank check company with which they may become involved. Although we have no formal policy in           
 place for vetting potential conflicts of interest, our board of directors will review any potential conflicts of interest on a case-by-case 
 basis.                                                                                                                                      |

| ● | Our officers and directors will be compensated upon                                                                                 
 the closing of our initial business combination. As a result, our officers and directors may be more willing to pursue a business   
 combination with a riskier or less-established target business than would be the case if they were not to receive compensation upon 
 the consummation of an initial business combination.                                                                                |

<div align='center'>167</div>

The conflicts described above
may not be resolved in our favor.

Accordingly, as a result of multiple
business affiliations, our officers, directors and director nominees may have similar legal obligations relating to presenting business
opportunities meeting the above-listed criteria to multiple entities. Below is a table summarizing the entities to which our officers,
directors and director nominees currently have fiduciary duties or contractual obligations:

| Individual(1)          |     | Entity                                 |     | Affiliation                                    |
|