Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 35

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 35
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| Redemption                                                  
 of Public Shares and Liquidation if no business combination |     | We will have until 15 months from the closing of this initial public                                                                           
 offering to consummate our initial business combination. If we anticipate that we may be unable to consummate our initial business combination 
 within such period, we may seek shareholder approval to amend our amended and restated memorandum and articles of association to extend        
 the date by which we must consummate our initial business combination. 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. If we seek shareholder approval for an extension, our public shareholders will be         
 offered an opportunity to redeem their shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in          
 the trust account, including interest (net of taxes payable), divided by the number of then issued and outstanding public shares, subject      
 to applicable laws. If we are unable to consummate our initial business combination within the 15-month period or such period that may         
 be extended, our post-offering amended and restated memorandum and articles of association provides that we will: (i) cease all operations     
 except for the purpose of winding up; (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem          
 the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including        
 interest earned on the funds held in the trust account and not previously released to us to pay our income taxes, divided by the number        
 of the then-outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including      
 the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably possible following such redemption,       
 subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject in the case of clauses       
 (ii) and (iii), to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable        
 law.                                                                                                                                           |
|                                                             |     | If we are forced to liquidate, we anticipate                                                                                                   
 that we would distribute to our public shareholders the amount in the trust account calculated as of the date that is two days prior           
 to the distribution date (including any accrued interest).                                                                                     |