Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 269

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 269
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 Proposed Public Offering

Pursuant to the Proposed Public Offering, the
Company intends to offer for sale 5,000,000 Units (or 5,750,000 Units if the over-allotment option is exercised in full) at a price of
$10.00 per Unit. Each Unit consists of one Class A ordinary share and one right to receive one-sixth (1/6) of one Class A ordinary share
upon the consummation of an initial business combination (“Public Right”). The Company will not issue fractional shares upon
the conversion of the rights. As a result, the holder must hold rights in multiples of six in order to receive shares for all of their
rights upon closing of a Business Combination. The Company has also granted the underwriters a 45-day option to purchase up to an additional
750,000 Units to cover over-allotments, if any.

Note 4 — Private Placement

The Sponsor has agreed to purchase an aggregate
of 186,000 Private Units (or 197,250 Private Units if the over-allotment option is exercised in full) at a price of $10.00 per Private
Unit for an aggregate purchase price of $1,860,000, or $1,972,500, if the over-allotment option is exercised in full, in a private placement
that will occur simultaneously with the closing of the Proposed Public Offering. Each Private Unit will consist of one Class A ordinary
share (“Private Share”) and one right (“Private Right”). Each Private Right will receive one-sixth (1/6) of one
Class A ordinary share upon the consummation of a Business Combination. The proceeds from the Private Units will be added to the proceeds
from the Proposed Public Offering to be held in the Trust Account. If the Company does not complete a Business Combination within the
Completion Window, the proceeds from the sale of the Private Units will be used to fund the redemption of the Public Shares (subject
to the requirements of applicable law), and the Private Units and all underlying securities will expire worthless.

Note 5 — Related Party Transactions

Founder Shares

On February 28, 2025, the Company issued to the
Sponsor 1,983,750 class B ordinary shares (the “Founder Shares”) for an aggregated consideration of $25,000, or approximately
$0.0126 per ordinary share.

In August 2025, the Sponsor forfeited, for no
consideration, 546,