Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 279

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 279
---
 founder shares and public shares after this offering. As such, our sponsor will own approximately 26.7% of
our issued and outstanding ordinary shares after this offering (including the placement shares comprising part of the placement units
and assuming it does not purchase units in this offering). If we increase or decrease the size of this offering, we will effect a share
capitalization or share surrender or repurchase or other appropriate mechanism, as applicable with respect to our Class B ordinary shares
immediately prior to the consummation of this offering in such amount as to maintain the ownership of founder shares by our sponsor at
25% of our issued and outstanding founder shares and public shares upon the consummation of this offering. Any additional Class B ordinary
shares issued to our sponsor through such a share capitalization would be issued at their nominal par value and may result in material
dilution to the implied value of the shares held by our public shareholders. Our sponsor does not intend to purchase any units in this
offering.

Our sponsor has committed
to purchase an aggregate of 517,143 placement units (573,393 placement units if the over-allotment option is exercised in full) for an
aggregate purchase price of $3,875,000 ($4,268,750 if the over-allotment option is exercised in full) in a private placement that will
occur simultaneously with the closing of this offering. Of the 517,143 placement units (or 573,393 placement units if the over-allotment
is exercised in full), the non-managing sponsor investors have expressed an interest to indirectly purchase, through the purchase of
non-managing sponsor membership interests, 85,000 of the placement units (whether or not the over-allotment option is exercised
in full) at a price of $10.00 per unit ($850,000 in the aggregate) in a private placement that will close simultaneously with the closing
of this offering. Subject to the non-managing sponsor investors purchasing, through the sponsor, the placement units allocated to them
in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price ($0.004) to
the non-managing sponsor investors reflecting their interest in an aggregate of 1,133,333 founder shares held by the sponsor (whether
or not the underwriters’ over-allotment option is exercised in full). The non-managing sponsor investors will have no right
to vote any securities that they hold indirectly