Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 191

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 191
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 recapitalization, resulting in our sponsor holding an aggregate of 1,437,500
founder shares (up to 187,500 of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option
is exercised), so that our initial shareholder will collectively own approximately 20% of our issued and outstanding shares after this
offering, purchased for approximately $0.017 per share (without giving effect to the sale of the private units, and assuming our initial
shareholders do not purchase units in this offering). Upon the closing of this offering, 6,436,000 of our ordinary shares will be outstanding
(assuming no exercise of the underwriters’ over-allotment option and the corresponding surrender for no consideration of 187,500
initial shares) comprising:

| ● | 5,000,000 Class A ordinary shares included in the units issued as part of this offering; |

| ● | 186,000 Class A ordinary shares included in the private units; and |

| ● | 1,250,000 Class B ordinary shares held by our initial shareholders. |

In the event that we sell all
of the units offered hereby, the initial shares will equal approximately 20% of the public shares. If we increase or decrease the size
of this offering, we will effect a share capitalization or share repurchase or redemption or other appropriate mechanism, as applicable,
with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount so that the initial shares
equal approximately 20.0% of the public shares sold in this offering.

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Ordinary shareholders of record
are entitled to one vote for each share held on all matters to be voted on by shareholders. However, only holders of Class B ordinary
shares will have the right to (i) appoint or remove directors in any election held prior to or in connection with the completion of our
initial business combination, meaning that holders of Class A ordinary shares will not have the right to vote to appoint any directors
until after the completion of our initial business combination and (ii) continue the company in a jurisdiction outside the Cayman Islands
(including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case,
as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). The provisions of our amended
and restated memorandum and articles of association