Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 238

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 238
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In the event we seek shareholder
approval in connection with our initial business combination, our amended and restated memorandum and articles of association provide
that we may consummate our initial business combination only if we obtain the approval of an ordinary resolution under Cayman Islands
law and our amended and restated memorandum and articles of association.

Additionally, our amended and
restated memorandum and articles of association provide that, prior to our initial business combination, only holders of our founder
shares will have the right to vote on the appointment or removal of directors and that holders of a majority of our founder shares may
remove a member of the board of directors for any reason. These provisions of our amended and restated memorandum and articles of association
may only be amended by a special resolution passed by the affirmative vote of a majority of at least 90% (or, where such amendment is
proposed in respect of the consummation of our initial business combination, two-thirds) of the votes cast by such shareholders as, being
entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company, or a resolution
approved in writing by all of the holders of the issued shares entitled to vote on such matter. With respect to any other matter submitted
to a vote of our shareholders, including any vote in connection with our initial business combination, except as required by law, holders
of our founder shares and holders of our public shares will vote together as a single class, with each share entitling the holder to
one vote.

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Comparison of redemption or purchase prices in connection with our initial business combination and if we fail to complete our initial business combination.

The following table compares
the redemptions and other permitted purchases of public shares that may take place in connection with the completion of our initial business
combination and if we are unable to complete our initial business combination within the completion window.

|                     |     | Redemptions in Connection                                                                                                                    
 with our Initial Business                                                                                                                    
 Combination                                                                                                                                  |     | Other Permitted Purchases of                                                                                                               
 Public Shares by our Affiliates                                                                                                            |     | Redemptions if we fail                                                                                                                
 to                                                                                                                                    
 Complete an Initial Business                                                                                                          
 Combination                                                                                                                           |
| Calculation         
 of redemption price |     | Redemptions at the time of our initial business combination may                                                                              
 be made pursuant to a tender offer or in connection with a shareholder vote. The redemption price will