Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 190

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 190
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. Because it is only a summary, it may not contain all the information that is important
to you.

Units

Each unit consists of one ordinary
share and one right to receive one-sixth (1/6th) of one ordinary share upon the consummation of an initial business combination. Each
right entitles the holder thereof to receive one-sixth (1/6th) of an ordinary share upon consummation of our initial business combination.
In addition, we will not issue fractional shares in connection with an exchange of rights. Fractional shares will either be rounded down
to the nearest whole share or otherwise addressed in accordance with the applicable provisions of Cayman Islands Law. As a result, you
must hold rights in multiples of six in order to receive shares for all of your rights upon closing of a business combination.

The ordinary shares and rights
will begin to trade separately on the 52 day after the date of this prospectus unless the underwriters determine that an
earlier date is acceptable (based upon, among other things, its assessment of the relative strengths of the securities markets and small
capitalization companies in general, and the trading pattern of, and demand for, our securities in particular). In no event will the underwriters
allow separate trading of the ordinary shares and rights until we file an audited balance sheet reflecting our receipt of the gross proceeds
of this offering.

We will file a Current Report
on Form 8-K which includes an audited balance sheet promptly upon the consummation of this offering. The audited balance sheet will reflect
proceeds we receive from the exercise of the over-allotment option if the over-allotment option is exercised on the date of this prospectus.
If the over-allotment option is exercised after the date of this prospectus, we will file an amendment to the Form 8-K, or a new Form
8-K, to provide updated financial information to reflect the exercise of the over-allotment option. We will also include in this Form
8-K, an amendment thereto, or in a subsequent Form 8-K information indicating when separate trading of the ordinary shares and rights
has commenced.

Ordinary Shares

In February 2025, an aggregate
of 1,983,750 initial shares were issued to our initial shareholder, for an aggregate purchase price of $25,000. In August 2025, our sponsor
forfeited, for no consideration, 546,250 shares in a share