Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 314

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 314
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 value;                                                      |

| ● | an exempted company may obtain an undertaking against the                                                             
 imposition of any future taxation (such undertakings are usually given for 20 or 30 years in the first instance); and |

| ● | an exempted company may register by way of continuation in      
 another jurisdiction and be deregistered in the Cayman Islands; |

| ● | an exempted company may register as a limited duration company; 
 and                                                             |

| ● | an exempted company may register as a segregated portfolio 
 company.                                                   |

“Limited liability”
means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except
in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose
or other circumstance in which a court may be prepared to pierce or lift the corporate veil).

Our Amended and Restated Memorandum and Articles of Association

Our amended and restated memorandum
and articles of association contain certain requirements and restrictions relating to this offering that will apply to us until the completion
of our initial business combination. These provisions cannot be amended without a special resolution. As a matter of Cayman Islands law,
a resolution is deemed to be a special resolution where it has been approved by either (i) a majority of at least two-thirds (or any
higher threshold specified in a company’s articles of association) of the votes cast by such shareholders as, being entitled to
do so, vote in person or, where proxies are allowed, by proxy at a general meeting of the company of which notice specifying the intention
to propose the resolution as a special resolution has been duly given; or (ii) if so authorized by a company’s articles of association,
by a resolution approved in writing by all of the holders of the issued shares entitled to vote on such matter. The provisions of our
amended and restated memorandum and articles of association regulating the appointment and removal of directors may only be amended by
a special resolution passed by the affirmative vote 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. Other than as described