Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 40

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 40
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 indirectly through        
 the purchase of non-managing membership interests, 85,000 of the placement units (whether or not the over-allotment option is exercised    
 in full) at a price of $10.00 per unit ($850,000 in the aggregate) in a private placement that will close simultaneously with the          
 closing of this offering. The non-managing sponsor investors will have no right to vote the placement units or securities comprising       
 the placement units that they hold indirectly through their membership interests in the sponsor.                                           |

<div align='center'>14</div>

Because our sponsor
acquired the founder shares at a nominal price, our public shareholders will incur immediate and substantial dilution upon the
closing of this offering, assuming no value is ascribed to the warrants included in the units. If we increase or decrease the size
of this offering, we will effect a share capitalization or a share repurchase or surrender or other appropriate mechanism
immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares at 25% of our
issued and outstanding founder shares and public shares upon the consummation of this offering. Any additional founder shares issued
to our sponsor through such a share capitalization would be issued at their nominal par value and may result in further dilution to
the implied value of the shares held by our public shareholders. As a result, the holders of our founder shares (including certain
of our directors and officers that indirectly own founder shares) could make a substantial profit after our initial business
combination even if our public shareholders lose money on their investment as a result of a decrease in the post-combination value
of their Class A ordinary shares. Further, the Class A ordinary shares issuable in connection with the conversion of the founder
shares may result in material dilution to our public shareholders due to the anti-dilution rights of our founder shares that may
result in an issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion. See the sections titled
“Risk Factors — Risks Relating to our Sponsor and Management Team — The nominal purchase price paid by our sponsor for the founder shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business combination, even if the business combination causes the trading price of our ordinary shares to materially decline