Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 4

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 4
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founder shares” as further described herein. [ ] (which is not affiliated with any member of
our management), which we refer to as the “non-managing sponsor member” throughout this prospectus, has expressed an interest
to indirectly purchase, through the purchase of non-managing sponsor membership interests, [ ] of the placement units at a price
of $10.00 per unit ($[ ] in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject
to the non-managing sponsor member purchasing, through the sponsor, the placement units allocated to it simultaneously with the closing
of this offering, the sponsor will issue membership interests at a nominal purchase price ($0.004) to the non-managing sponsor member
reflecting its interest in an aggregate of [ ] founder shares held by the sponsor (or up to [ ] founder shares held by the sponsor if
the underwriter’s over-allotment option is exercised in full). Due to such nominal purchase price, the non-managing sponsor member
will have the potential to realize enhanced economic returns from its investment as compared to other investors in the offering. Under
no circumstances will we issue more than an aggregate of 426,875 placement units in this offering. As a result, the number of placement
units purchased by the non-managing sponsor member through the sponsor, if any, will proportionally reduce the number of placement units
that would otherwise be purchased by the managing member of the sponsor through the sponsor. The non-managing sponsor member will have
no right to vote the founder shares, placement units or securities comprising the placement units that it holds indirectly through its
membership interests in the sponsor. For a discussion of certain additional arrangements with the non-managing sponsor member, see “Risk Factors — Risks Relating to our Sponsor and Management Team — Since our sponsor, officers and directors and any other holder of our founder shares, including our non-managing sponsor member, will lose their entire investment in us if our initial business combination is not completed (other than with respect to any public shares they may acquire during or after this offering), and because our sponsor, officers and directors, the non-managing sponsor member, and any other holder of our founder shares directly or indirectly may profit substantially from a business combination as a result of their ownership of founder shares even under circumstances where our public shareholders would experience losses in connection with their investment, a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business