Company: COPL-UN
Filing Date: 2025-01-31
Form Type: CORRESP
Source: 0001829126-25-000621
Chunk: 3

Company: Copley Acquisition Corp
Filing Date: 2025-01-31
Form: CORRESP
Chunk 3
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, held in its trust account and working capital account, respectively, each of which is based in the United States. The Company respectfully advises the Staff that it will not search for, nor consummate an initial business combination with, a target in China (including Taiwan, Hong Kong and Macau). Accordingly, the target company will not be subject to any PRC laws. As a result, the Company does not view the description of cash transfers through its organization nor the discussion of any foreign exchange restrictions to be material and worthy of disclosure in Amendment No. 1.

Initial Business Combination, page 6

| 8. | We note your disclosure on page 6 that you may seek shareholder approval of a charter amendment to extend the completion window beyond 30 months. Please revise to disclose whether there are any limitations on such extensions, including as to their duration or the number of times the completion window may be extended by charter amendment. |

: The Company acknowledges
the Staff’s comment and advises the Staff that it has revised pages 6, 34, 71 and 171 of Amendment No. 1 accordingly.

Sponsor Information, page 10

| 9. | Please expand your disclosure outside of the compensation table on page 10 to describe the extent to which the conversion of loans into placement units may result in a material dilution of the purchasers’ equity interests, including that the placement warrants may be exercised on a cashless basis. See Item 1602(b)(6) of Regulation S-K. |

: The Company acknowledges
the Staff’s comment and advises the Staff that it has revised the cover page and page 13 of Amendment No. 1 accordingly.

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| 10. | As applicable, please revise the compensation table on page transfer restrictions table on page 12 to disclose whether such restrictions apply to your directors, director nominees and executive officers, as you disclose on pages 118-119. |

: The Company acknowledges
the Staff’s comment and advises the Staff that it has revised the tables on pages 14 and 123 of Amendment No. 1 accordingly.

| 11. | Regarding the anti-dilution rights of founder shares as discussed on page 11 and elsewhere, with respect to clause (iii) describing the subtraction of shares redeemed in connection with the business combination, please clarify whether redemptions made in connection with a charter amendment will also be subtracted in the calculation of the adjustment. |

: The Company acknowledges
the Staff’s comment and advises