Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 168

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 168
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 compliance with applicable laws and regulations; |

| ● | pre-approving all audit services and permitted non-audit services to be performed by our independent auditor, including the fees and terms of the services to be performed; |

| ● | appointing or replacing the independent auditor; |

| ● | determining the compensation and oversight of the work of the independent auditor (including resolution of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work; and |

| ● | establishing procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls or reports which raise material issues regarding our financial statements or accounting policies. |

Financial experts on audit committee

The audit committee will at all
times be composed exclusively of independent directors who are “financially literate” as defined under the Nasdaq Stock Market
Listing Rules as being able to read and understand fundamental financial statements, including a company’s balance sheet, income
statement and cash flow statement.

In addition, we must certify to
Nasdaq that the committee will have, at least one member who has past employment experience in finance or accounting, requisite professional
certification in accounting, or other comparable experience or background that results in the individual’s financial sophistication.
The board of directors has determined that Mr. Silverman is qualified as an “audit committee financial expert,” as defined
under the rules and regulations of the SEC.

Corporate governance and nominating committee

Effective as of the date of this
prospectus, we will establish a compensation committee of the board of directors, which will consist of Ms. Yieh, Mr. Silverman and Mr.
Sanders, each of whom is an independent director under the Nasdaq Stock Market Listing Rules. Ms. Yieh will be the Chairperson of the
compensation committee. The compensation committee’s duties, which will be specified in our Compensation Committee Charter, will
include, but are not limited to:

Guidelines for selecting director nominees

The guidelines for selecting nominees,
which will be specified in the Corporate Governance and Nominating Committee Charter, generally provide that persons to be nominated:

| ● | should have demonstrated notable or significant achievements in business, education or public service; |

| ● | should possess the requisite intelligence, education and experience to make a significant contribution to the board of directors and bring a range of skills, diverse perspectives and backgrounds to its deliberations; and |

| ● | should have the highest ethical standards, a strong sense of professionalism