Company: BPAC
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001185185-25-000502
Chunk: 37

Company: Blueport Acquisition Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 37
---
 (including in open market and privately-negotiated           
 transactions) in favor of our initial business combination.                                                                                    |
| With certain limited exceptions, the initial shares purchased by our                                                                           
 sponsor for an aggregate of $25,000, will not be transferable, assignable or salable by our sponsor or its permitted transferees until         
 180 days after the completion of our initial business combination. With certain limited exceptions, the private placement units and the        
 Class A ordinary shares underlying such units, will not be transferable, assignable or salable by our sponsor or its permitted transferees     
 until 30 days after the completion of our initial business combination. Since our sponsor and executive officers and directors may directly    
 or indirectly own ordinary shares following this offering, our executive officers and directors 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 because of their     
 financial interest in completing an initial business combination within 15 months from the closing of this offering (subject to shareholder    
 approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by          
 shareholders via an amendment to our amended and restated memorandum and articles of association) or by such earlier liquidation date          
 as our board of directors may approve.                                                                                                         |
| Similarly, if we agree to pay our sponsor                                                                                                      
 or a member of our management team a finder’s fee, advisory fee, consulting fee or success fee in order to effectuate the completion           
 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 $[____] 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