Company: BPAC
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001185185-25-000502
Chunk: 43

Company: Blueport Acquisition Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 43
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 the over-allotment option is not exercised, net of the fair   
 value of rights included in the units sold in this offering and the estimated offering costs. 
 The Class A ordinary shares offered to the public contain redemption rights that make them    
 redeemable by our public shareholders. Accordingly, they are classified within temporary      
 equity in accordance with the guidance provided in ASC 480-10-599-3A and will be subsequently 
 accredited at redemption value.                                                               |

| (5) | Excludes                                                                                            
 6,900,000 ordinary shares which may be redeemed in connection with our initial business combination 
 and assuming no exercise of the over-allotment option. The actual number of shares that may         
 be redeemed may exceed this amount. The “as adjusted” calculation equals the                        
 “as adjusted” total assets, less the “as adjusted” total liabilities,                               
 less the value of Class A ordinary shares that may be redeemed in connection with our initial       
 business combination (initially $10.00 per share or 100% of the gross proceeds from this            
 offering).                                                                                          |

If no business combination is completed within 15 months (as such period may be extended pursuant to our charter documents (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to our amended and restated memorandum and articles of association)) from the closing of this initial public offering, the proceeds then on deposit in the trust account, including interest (which interest shall be net of taxes payable), will be used to fund the redemption of our public shares. Our sponsor, officers and directors will enter into a letter agreement with us, pursuant to which they will agree to (i) waive their redemption rights with respect to their initial shares, private shares and public shares in connection with the completion of our initial business combination; (ii) waive their redemption rights with respect to their initial shares, private shares and public shares in connection with a shareholder vote to approve an amendment to our amended and restated memorandum and articles of association (a) to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we have not consummated an initial business combination within the completion window or (b) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination activity; (iii) waive their rights to liquidating distributions from the trust account with respect to their initial