Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 39

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 39
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 of our initial business combination, such persons may have a conflict of interest in determining whether a particular target business     
 is an appropriate business with which to effectuate our initial business combination as any such fee may not be paid unless we consummate 
 such business combination.                                                                                                                |
|           |     | Additionally, we will reimburse an affiliate                                                                                              
 of our sponsor in an amount equal to $10,000 per month for office space, utilities and secretarial and administrative support made        
 available to us, as described elsewhere in this prospectus. Upon consummation of this offering, we will repay up to $300,000 in loans     
 made to us by our sponsor to cover offering-related and organizational expenses. Up to $1,500,000 of working capital loans (“Working      
 Capital Loans”) made by the sponsor, prior to or in connection with its initial business combination may be convertible into              
 units of the post-business combination entity at a price of $10.00 per unit at the option of our sponsor.                                 |
|           |     | We are not prohibited from pursuing                                                                                                       
 an initial business combination with a company that is affiliated with our sponsor, officers or directors or completing the business      
 combination through a joint venture or other form of shared ownership with our sponsor, officers or directors; accordingly, such          
 affiliated person(s) may have a conflict of interest in determining whether a particular target business is an appropriate business       
 with which to effectuate our initial business combination as such affiliated person(s) would have interests different from our public     
 shareholders and would likely not receive any financial benefit unless we consummated such business combination. In the event we          
 seek to complete our initial business combination with a company that is affiliated (as defined in our post-offering amended and          
 restated memorandum and articles of association) with our sponsor (including its members), officers or directors, we, or a committee      
 of independent directors, will obtain an opinion from an independent investment banking firm or another independent entity that commonly  
 renders valuation opinions, stating that the consideration to be paid by us in such an initial business combination is fair to our        
 company from a financial point of view. We are not required to obtain such an opinion in any other context.                               |
| Indemnity |     | Our sponsor has agreed that it will be liable                                                                                             
 to us if and to the extent any claims by a third party for services rendered or products sold to us, or a prospective target business     
 with which we have entered into a written letter of intent,