Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 209

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 209
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 completion of our initial business combination. These provisions cannot be amended without a special resolution. As a
matter of Cayman Islands law, a resolution is deemed to be a special resolution where it has been approved by either (i) at least two-thirds
(or any higher threshold specified in a company’s articles of association) of a company’s shareholders who, being entitled
to do so, attend and vote at a general meeting for which notice specifying the intention to propose the resolution as a special resolution
has been given; or (ii) if so authorized by a company’s articles of association, by a unanimous written resolution of all of the
company’s shareholders. Our post-offering amended and restated memorandum and articles of association provide that special resolutions
must be approved either by at least two-thirds of our shareholders who, being entitled to do so, attend and vote at a general meeting
for which notice specifying the intention to propose the resolution as a special resolution has been given (i.e., the lowest threshold
permissible under Cayman Islands law), or by a unanimous written resolution of all of our shareholders.

Our sponsor, who will beneficially
own approximately 22.3% of our issued and outstanding ordinary shares (assuming they do not purchase any units in this offering and no
over-allotment option is exercised), will participate in any vote to amend our post-offering amended and restated memorandum and articles
of association and will have the discretion to vote in any manner it chooses. Specifically, our post-offering amended and restated memorandum
and articles of association provide, among other things, that:

| ● | if we are unable to complete our initial business combination within 15 months from the closing of this initial public offering (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), 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, subject to lawfully available funds therefor, redeem 100% of 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 (net of taxes payable and less interest to pay dissolution expenses up to $100,000) divided by the number of then issued and outstanding public shares, which redemption will completely extinguish public shareholders’