Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 353

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 353
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-trading day period commencing at least 90 days after our initial business combination or (y) the date on which we complete a liquidation,
merger, share exchange, reorganization or other similar transaction that results in all of our public shareholders having the right to
exchange their ordinary shares for cash, securities or other property. Notwithstanding the foregoing, in connection with an initial business
combination, the initial holders may transfer, assign or sell their founder shares with our consent to any person or entity that agrees
in writing to be bound by the transfer restrictions set forth in the prior sentence.

Additionally, and also
pursuant to the letter agreement, the placement units, placement shares, placement warrants, and any Class A ordinary shares issuable
upon exercise of the placement warrants will not be transferable, assignable or salable until 30 days after the completion of our initial
business combination (except with respect to permitted transferees as described herein under “Principal Shareholders — Transfers
of Founder Shares and Placement Units”).

Except in certain limited
circumstances, no member of the sponsor (including the non-managing sponsor investors) may Transfer all or any portion of its membership
interests in the sponsor. For more information, see “Principal Shareholders — Transfers of Founder Shares and Placement Units”.

Determination of Offering Price

Prior to this offering, there
has been no public market for our securities. Consequently, the initial public offering price for the units was determined by negotiations
between us and Clear Street. The determination of our per unit offering price was more arbitrary than would typically be the case if
we were an operating company. Among the factors considered in determining the initial public offering price were the history and prospects
of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our
capital structure, and currently prevailing general conditions in equity securities markets, including current market valuations of publicly
traded companies considered comparable to our company. We cannot assure you, however, that the price at which the units, Class A ordinary
shares or warrants will sell in the public market after this offering will not be lower than the initial public offering price or that
an active trading market in our units, Class A ordinary shares or warrants will develop and continue after this offering.

Listing

We expect our units to be listed
on NYSE, under the symbol “COPLU” commencing on or promptly after the date of this prospectus, and, once the Class