Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 186

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 186
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700,001 (or $4,093,751 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 499,643 placement units (or 555,893 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, 67,500 of the placement units (whether or not the over-allotment option is exercised in full) at a price of $10.00
per unit ($675,000 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 900,000 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 the securities that they hold indirectly through
their membership interests in the sponsor. There will be no redemption rights or liquidating distributions from the trust account with
respect to the founder shares, placement shares or placement warrants, which will expire worthless if we do not consummate a business
combination within the completion window. Each whole placement warrant entitles the holder to purchase one Class A ordinary share at
$11.50 per share. The placement units, and their underlying placement shares and placement warrants, are subject to transfer restrictions.
See “Principal Shareholders — Transfers of Founder Shares and Placement Units.” Holders of placement units (and underlying
securities) or their permitted transferees have the right to require us to register the placement units for resale as described in “Principal
Shareholders — Registration Rights.” We will bear the costs and expenses of filing any such registration statements.

The placement warrants comprising part of the placement units are identical to the warrants sold as part of the units in this offering except that: (1) they will not be redeemable by us; (2) they (including the Class A ordinary shares issuable upon exercise of these warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold until 30 days after the completion of our initial