Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 276

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 276
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 and the rights will expire worthless. Further, there are no contractual penalties for
failure to deliver securities to the holders of the rights upon consummation of a Business Combination. Additionally, in no event will
the Company be required to net cash settle the rights. Accordingly, holders of the rights might not receive the ordinary shares underlying
the rights.

Note 8 — Segment Information

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statement information about operating segments, products, services,
geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial
information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how
to allocate resources and assess performance.

The Company’s chief operating decision maker
(“CODM”) has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a
whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the
Company only has one operating and reportable segment. The Company’s CODM does not review assets by segment in his evaluation and
therefore assets by segment are not disclosed below.

When evaluating the Company’s performance
and making key decisions regarding resource allocation the CODM reviews key metrics, which include the following:

|                               |     | For the     
 Period From 
 January 13, 
 2025        
 (Inception) 
 Through     
 June 30,    
 2025        |        |
|:------------------------------|:----|:------------|-------:|
| Formation and operating costs |     | $           | 46,052 |

Formation and operational costs are reviewed and
monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Proposed Public Offering and eventually
a Business Combination within the business combination period. The CODM also reviews formation and operational costs to manage, maintain
and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Formation and operational costs, as
reported on the statement of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net income
or loss are reported on the statement of operations and described within their respective disclosures.

Note 9 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date up to the date that the financial statements were issued. Based on the review, the Company
identified