Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 303

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 303
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 (A) to modify the substance
or timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed in connection with
our initial business combination or to redeem 100% of our public shares if we do not complete our initial business combination within
the completion window or (B) with respect to any other material provisions relating to the rights of holders of our Class A ordinary
shares or pre-initial business combination activity, or (e) in connection with the redemption of our public shares upon our failure to
complete our initial business combination and any subsequent distribution of its assets upon its liquidation, then the warrant exercise
price will be decreased, effective immediately after the effective date of such event, by the amount of cash and/or the fair market value
(as determined by the board of directors, in good faith) of any securities or other assets paid on each Class A ordinary share in respect
of such event.

If the number of issued and outstanding
Class A ordinary shares is decreased by a consolidation, combination, reverse share sub-division or reclassification of Class A ordinary
shares or other similar event, then, on the effective date of such consolidation, combination, reverse share sub-division, reclassification
or similar event, the number of Class A ordinary shares issuable on exercise of each warrant will be decreased in proportion to such
decrease in issued and outstanding Class A ordinary shares.

Whenever the number of Class
A ordinary shares purchasable upon the exercise of the warrants is adjusted, as described above, the warrant exercise price will be adjusted
by multiplying the warrant exercise price immediately prior to such adjustment by a fraction (x) the numerator of which will be the number
of Class A ordinary shares purchasable upon the exercise of the warrants immediately prior to such adjustment, and (y) the denominator
of which will be the number of Class A ordinary shares so purchasable immediately thereafter.

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In addition, if (x) we issue
additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial
business combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price
or effective issue price to be determined in good faith by our board of directors and, in the case of any such issuance to the sponsor
or its affiliates, without taking into account any founder shares held by the sponsor or such affiliates, as applicable, prior