Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 142

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 142
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ificating the shares or delivering them through the DWAC System. The transfer agent will
typically charge the tendering broker $45 and it would be up to the broker whether or not to pass this cost on to the converting holder.
However, this fee would be incurred regardless of whether or not we require holders seeking to exercise redemption rights. The need to
deliver shares is a requirement of exercising redemption rights regardless of the timing of when such delivery must be effectuated. However,
in the event we require shareholders seeking to exercise redemption rights to deliver their shares prior to the consummation of the proposed
business combination and the proposed business combination is not consummated, this may result in an increased cost to shareholders.

Any request to convert or tender
such shares once made, may be withdrawn at any time up to the vote on the proposed business combination or expiration of the tender offer.
Furthermore, if a holder of a public share delivered its certificate in connection with an election of their conversion or tender and
subsequently decides prior to the vote on the business combination or the expiration of the tender offer not to elect to exercise such
rights, it may simply request that the transfer agent return the certificate (physically or electronically).

If the initial business combination
is not approved or completed for any reason, then our public shareholders who elected to exercise their conversion or tender rights would
not be entitled to convert their shares for the applicable pro rata share of the trust account. In such case, we will promptly return
any shares delivered by public holders.

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Permitted Purchases of Our Securities

If we seek shareholder approval
of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to
the tender offer rules, our sponsor, initial shareholders, directors, officers, advisors and their affiliates may purchase public shares
or units in privately negotiated transactions or in the open market either prior to or following the completion of our initial business
combination, although they are under no obligation or duty to do so. Such a purchase may include a contractual acknowledgment that such
shareholder, although still the record holder of our shares is no longer the beneficial owner thereof and therefore agrees not to exercise
its redemption rights. In the event that our sponsor, initial shareholders, directors, officers, advisors and their affiliates purchase
shares in privately negotiated transactions from public shareholders who have already elected to exercise their redemption rights, such
selling shareholders would be required to revoke their prior elections to redeem their shares