Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 262

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 262
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public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to
receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following
such redemption, subject to the approval of its remaining shareholders and its board of directors, liquidate and dissolve, subject in
each case to its obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.

The Sponsor, officers and directors have agreed
to (i) waive their redemption rights with respect to their initial shares, private shares and public shares in connection with the completion
of our initial business combination; (ii) waive their redemption rights with respect to their initial shares, private shares and public
shares in connection with a shareholder vote to approve an amendment to our amended and restated memorandum and articles of association
(a) to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to
redeem 100% of our public shares if we have not consummated an initial business combination within the completion window or (b) with
respect to any other material provisions relating to shareholders’ rights or pre-initial business combination activity; (iii) waive
their rights to liquidating distributions from the trust account with respect to their initial shares and private shares if we fail to
complete our initial business combination within the completion window, although they will be entitled to liquidating distributions from
the trust account with respect to any public shares they hold if we fail to complete our initial business combination within the prescribed
time frame; and (iv) vote any initial shares and private shares held by them and any public shares purchased during or after this offering
(including in open market and privately-negotiated transactions, aside from shares they may purchase in compliance with the requirements
of Rule 14e-5 under the Exchange Act, which would not be voted in favor of our initial business combination.

<div align='center'>F-8

BLUEPORT ACQUISITION LTD

NOTES TO FINANCIAL STATEMENTS</div>

Note 1 — Description of Organization and Business Operations (cont.)

In order to protect the amounts held in the Trust
Account, The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered
or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent,
confidentiality or other