Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 275

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 275
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 memorandum
and articles of association or as required by the Companies Act or stock exchange rules, an ordinary resolution under Cayman Islands
law, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the Company is
generally required to approve any matter voted on by the shareholders. Approval of certain actions require a special resolution under
Cayman Islands law, which requires the affirmative vote of the holders of at least two-thirds of the ordinary shares who attend and vote
at a general meeting of the Company, and pursuant to the Company’s amended and restated memorandum and articles of association,
such actions include amending the Company’s amended and restated memorandum and articles of association and approving a statutory
merger or consolidation with another company.

<div align='center'>F-14

BLUEPORT ACQUISITION LTD

NOTES TO FINANCIAL STATEMENTS</div>

Note 7 — Shareholder’s Deficit(cont.)

Rights— Each holder of a
right will receive one-sixth (1/6) of one ordinary share upon consummation of a Business Combination, even if the holder of such right
redeemed all shares held by it in connection with a Business Combination. No fractional shares will be issued upon conversion of the
rights. No additional consideration will be required to be paid by a holder of rights in order to receive its additional shares upon
consummation of a Business Combination, as the consideration related thereto has been included in the Unit purchase price paid for by
investors in the Proposed Public Offering. If the Company enters into a definitive agreement for a Business Combination in which the
Company will not be the surviving entity, the definitive agreement will provide for the holders of rights to receive the same per ordinary
share consideration the holders of the ordinary shares will receive in the transaction on an as-converted into ordinary shares basis
and each holder of a right will be required to affirmatively convert its rights in order to receive one share underlying each right (without
paying additional consideration). The shares issuable upon conversion of the rights will be freely tradable (except to the extent held
by affiliates of the Company).

If the Company is unable to complete a Business
Combination within the Completion Window and the Company liquidates the funds held in the Trust Account, holders of rights will not receive
any of such funds with respect to their rights, nor will they receive any distribution from the Company’s assets held outside of
the Trust Account with respect to such rights,