Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 257

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 257
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 that our sponsor, members of our management team or any of their respective affiliates may make to finance transaction
costs in connection with an intended initial business combination (provided that if we do not consummate an initial business combination,
we may use working capital held outside the trust account to repay such loaned amounts, but no proceeds from our trust account would
be used for such repayment), (iii) at the closing of our initial business combination, at the option of our board of directors, a customary
advisory fee, finder’s fee and/or success fee, to a person or entity associated with certain of our officers and directors, in
an amount that constitutes a market standard advisory fee for comparable transactions and services provided; and (iv) to reimburse for
any out-of-pocket expenses related to identifying, investigation and completing an initial business combination. Our audit committee
will review on a quarterly basis all payments made by us to our sponsor, officers or directors or any of their controlled affiliates.

In consideration of services
to be rendered to us, we and our sponsor have agreed to compensate our directors and officers upon the completion of an initial business
combination and subject to the recipients continued service from our initial public offering through the closing of our initial business
combination.

Our independent directors shall
receive a cash payment of $60,000 and our sponsor shall transfer to each independent director 24,000 founder shares. Additionally, our
sponsor shall transfer the following number of founder shares to the individuals listed below:

| ● | Francis                                                          
 Chi-Yin Ng (Co-Chief Executive Officer) – 200,000 founder shares |
| ● | Chibo Tang (Co-Chief Executive                                   
 Officer) – 200,000 founder shares                                |
| ● | Menghan Zhang (Chief Financial                                   
 Officer) – 100,000 founder shares                                |
| ● | Chun Kit Chu (Chief Marketing                                    
 Officer) – 100,000 founder shares                                |
| ● | Tok Li (Chief Legal Officer)                                     
 – 100,000 founder shares                                         |
| ● | Tsz Chiu Guan (Chief Operating                                   
 Officer) – 10,000 founder shares                                 |

After the completion of our
initial business combination, directors or members of our management team who remain with us may be paid consulting, management or other
fees from the combined company. All of these fees will be fully disclosed to shareholders, to the extent then known, in the tender offer
materials or proxy solicitation materials furnished to our shareholders in connection