Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 30

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 30
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 that at least $10.00 per share sold to the public (or 100% of the gross proceeds) in this offering is held in the trust        
 account. These additional private units will be purchased in a private placement that will occur simultaneously with the purchase           
 of units resulting from the exercise of the over-allotment option. The proceeds from the private placement of the private units will        
 be added to the proceeds of this offering and placed in an account in the United States at a U.S. chartered commercial bank with            
 consolidated assets of $100 billion or more selected by Wilmington Trust, National Association, acting as trustee.                          |
|                                       |     | The private units are identical                                                                                                             
 to the units sold in this offering. Furthermore, our sponsor will agree (A) to vote the ordinary shares underlying the private units,       
 or “private shares,” in favor of any proposed business combination, (B) not to propose, or vote in favor of, an amendment                   
 to our post-offering amended and restated memorandum and articles of association that would stop our public shareholders from converting    
 or selling their shares to us in connection with a business combination or affect the substance or timing of our obligation to redeem       
 100% of our public shares if we do not complete a business combination within 15 months from the closing of this initial public offering,   
 unless we provide public shareholders with the opportunity to redeem their public shares from the trust account in connection with          
 any such vote (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), 
 (C) not to convert any private shares for cash from the trust account in connection with a shareholder vote to approve our proposed         
 initial business combination or a vote to amend the provisions of our post-offering amended and restated memorandum and articles            
 of association relating to shareholders’ rights or pre-business combination activity and (D) that the private shares shall                  
 not participate in any liquidating distribution upon winding up if a business combination is not consummated. Our sponsor has also          
 agreed not to transfer, assign or sell any of the private units or underlying securities (except to the same permitted transferees          
 as the initial shares and provided the transferees agree to the same terms and restrictions as the permitted transferees of the initial     
 shares must agree to, each as described above) until 30 days after the completion