Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 297

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 297
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 deferring or preventing a change of control of us or the removal of existing management. We have no preference
shares outstanding at the date of this prospectus. Although we do not currently intend to issue any preference shares, we cannot assure
you that we will not do so in the future. No preference shares are being issued or registered in this offering.

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Redeemable Warrants

Public Shareholders’ Warrants

Each whole warrant entitles the
registered holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as discussed below, at
any time commencing 30 days after the completion of our initial business combination, provided that we have an effective registration
statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the warrants and a current prospectus
relating to them is available (or we permit holders to exercise their warrants on a cashless basis under the circumstances specified
in the warrant agreement) and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws
of the state of residence of the holder. Pursuant to the warrant agreement, a public warrant holder may exercise its warrants only for
a whole number of Class A ordinary shares. This means only a whole public warrant may be exercised at a given time by a public warrant
holder. No fractional public warrants will be issued upon separation of the units and only whole public warrants will trade. Accordingly,
unless you purchase at least two units, you will not be able to receive or trade a whole public warrant. The warrants will expire five
years after the completion of our initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

We will not be obligated to deliver
any Class A ordinary shares pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless
a registration statement under the Securities Act with respect to the Class A ordinary shares underlying the warrants is then effective
and a prospectus relating thereto is then effective and a current prospectus relating thereto is current, subject to our satisfying our
obligations described below with respect to registration, and we will not be obligated to issue Class A ordinary shares upon exercise
of a warrant, unless the Class A ordinary share issuable upon such warrant exercise has been registered, or qualified or deemed to be
exempt under the securities laws of the state of residence of