Company: COPL-UN
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001829126-25-002621
Chunk: 352

Company: Copley Acquisition Corp
Filing Date: 2025-04-14
Form: S-1/A
Chunk 352
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. 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 A ordinary shares and warrants begin separate trading, we anticipate our Class A ordinary shares and warrants will be listed on NYSE under the symbols “COPL” and “COPLW,” respectively. The approval of listing on NYSE is a condition to closing of this offering.

Expression of Interest

The non-managing sponsor investors have expressed to us an interest in purchasing up to an aggregate of approximately $37,050,000 of the units in this offering at the offering price, or up to 24.7% of the aggregate number of units sold in this offering (in each case, assuming no exercise of the underwriters’ over-allotment option). None of the non-managing sponsor investors has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering. There can be no assurance that the non-managing sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units the non-managing sponsor investors will retain, if any, prior to or upon the consummation of our initial business combination. Because these expressions of interest are not binding agreements or commitments to purchase, more units in this offering, non-managing sponsor investors may determine to purchase fewer units in this offering, or none at all. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non-managing sponsor investors, or none