Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 291

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 291
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 shares are issuable upon the conversion or exercise of convertible securities, warrants or similar securities.

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With certain limited exceptions, the founder shares are not transferable, assignable or salable (except to our officers and directors and other persons or entities affiliated with our sponsor, each of whom will be subject to the same transfer restrictions) until the earlier of: (a) 180 days after the completion of our initial business combination; and (b) subsequent to our initial business combination (x) if the last reported sale price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share dividends, rights issuances, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 90 days after our initial business combination or (y) the date on which we complete a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of our public shareholders having the right to exchange their ordinary shares for cash, securities or other property.

Pursuant to the terms of the sponsor’s operating agreement, the sponsor may not forfeit, transfer, exchange or amend the terms of the founder shares and placement units indirectly held by a non-managing sponsor investor without the consent of such non-managing sponsor investor. In connection with a business combination, we may need to seek the forfeiture, transfer, exchange or amendment of the terms of the founder shares and placement units, some of which are held indirectly by the non-managing sponsor investors, in which case we will need to obtain the consent of a non-managing sponsor investor prior to forfeiting, transferring, exchanging, or amending the terms of the founder shares and placement units indirectly held by such non-managing sponsor investor. If we are unable to obtain such consent, our ability to complete a business combination may be negatively impacted.

Register of Members

Under Cayman Islands law, we must keep a register of members and there shall be entered therein:

| ● | the names and addresses of the members, a statement of the shares held by each member, and of the amount paid or agreed to be considered as paid, on the shares of each member and the voting rights of the shares of each member; |

| ● | whether voting rights are attached to the share in issue; |

| ● | the date on which the name of any person was entered on the register as a member; and |

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