Company: COPL-UN
Filing Date: 2025-02-18
Form Type: S-1/A
Source: 0001829126-25-001063
Chunk: 163

Company: Copley Acquisition Corp
Filing Date: 2025-02-18
Form: S-1/A
Chunk 163
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 a liquidated amount in a civil matter and not in respect of taxes, fines, penalties, or similar charges, the proceedings in which the judgment was obtained were not contrary to natural justice, and the enforcement of the judgment is not contrary to public policy of Hong Kong. Such a judgment must be for a fixed sum and must also come from a “competent” court as determined by the private international law rules applied by the Hong Kong courts. The defenses that are available to a defendant in a common law action brought on the basis of a foreign judgment include a lack of jurisdiction, breach of natural justice, fraud, and contrary to public policy. However, a separate legal action for debt must be commenced in Hong Kong in order to recover such debt from the judgment debtor.

Furthermore, there would be additional costs and issues with bringing an original action in foreign courts against the combined company or the officers and directors to enforce liabilities based upon the U.S. Federal securities laws, and they still may be fruitless.

As a result of all of the above, public shareholders may find it more difficult to enforce liabilities and enforce judgments on individual directors and executive officers, and may have more difficulty in protecting their interests in the face of actions taken by management, members of the board of directors or controlling shareholders than they would as public shareholders of a U.S. company.

<div align='center'>100

USE OF PROCEEDS</div>

We are offering 15,000,000 units at an offering price of $10.00 per unit. We estimate that the net proceeds of this offering together with the funds we will receive from the sale of the placement units will be used as set forth in the following table.

| Gross proceeds                                                                                                   |     | Without Over-Allotment Option |             |   |     | Over-Allotment Option Exercised |             |   |
|:-----------------------------------------------------------------------------------------------------------------|:----|:------------------------------|------------:|:--|:----|:--------------------------------|------------:|:--|
| Gross proceeds from units offered to public(1)                                                                   |     | $                             | 150,000,000 |   |     | $                               | 172,500,000 |   |
| Gross proceeds from placement units offered in the private placement                                             |     |                               |   3,875,000 |   |     |                                 |   4,268,750 |   |
| Total gross proceeds                                                                                             |     | $                             | 153,875,000 |   |     |