Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 208

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 208
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 memorandum and articles of association:

| ● | conduct the redemptions in conjunction with a proxy solicitation pursuant to Regulation 14A of the Exchange Act, which regulates the solicitation of proxies, and not pursuant to the tender offer rules; and |

| ● | file proxy materials with the SEC. |

We expect that a final proxy statement would be mailed to public shareholders at least 20 days prior to the shareholder vote. However, we expect that a draft proxy statement would be made available to such shareholders well in advance of such time, providing additional notice of redemption if we conduct redemptions in conjunction with a proxy solicitation. Although we are not required to do so, we currently intend to comply with the substantive and procedural requirements of Regulation 14A in connection with any shareholder vote even if we are not able to maintain our NYSE listing or Exchange Act registration.

In the event that we seek shareholder approval of our initial business combination, we will distribute proxy materials and, in connection therewith, provide our public shareholders with the redemption rights described above upon completion of the initial business combination.

If we seek shareholder approval,
we will complete our initial business combination only if we obtain the approval of an ordinary resolution under Cayman Islands law and
our amended and restated memorandum and articles of association. In such case, pursuant to the terms of a letter agreement entered into
with us, our sponsor, officers and directors have agreed (and their permitted transferees will agree) to vote any founder shares and/or
placement shares held by them, and any public shares during or after this offering in favor of our initial business combination (except
with respect to any public shares which may not be voted in favor of approving the business combination transaction in accordance with
the requirements of Rule 14e-5 under the Exchange Act and any SEC interpretations or guidance relating thereto). We expect that at the
time of any shareholder vote relating to our initial business combination, our sponsor and its permitted transferees will own at least
25% of our issued and outstanding ordinary shares entitled to vote thereon. Each public shareholder may elect to redeem their public
shares without voting and, if they do vote, irrespective of whether they vote for or against the proposed transaction. In addition, our
initial shareholders, directors and officers have entered into a letter agreement with us, pursuant to which they have agreed to waive
their redemption rights with respect to any founder shares, placement shares and public shares held by them in connection with the completion
of a business combination.