Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 199

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 199
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 target business a variety of options to facilitate a future business combination and fund the growth and expansion of business operations. Because we are able to consummate an initial business combination using our equity, debt, cash or a combination of the foregoing, we have the flexibility to design an acquisition structure to address the needs of the parties. We have not, however, taken any steps to secure third party financing and would expect to do so only in connection with the consummation of our initial business combination. Accordingly, our flexibility in structuring an initial business combination may be constrained by our ability to arrange third-party financing, if required. |

| ● | Status as a Public Company. We believe our structure will make us an attractive business combination partner to prospective target businesses. As an existing public company, we will offer a target business an alternative to the traditional initial public offering through a merger or other business combination with us. In this situation, the owners of the target business would exchange their shares of stock, shares or other equity interests in the target business for our shares. Once public, we believe the target business would have greater access to capital and additional means of creating management incentives that are better aligned with shareholders’ interests than it would as a private company. We believe that being a public company can also augment a company’s profile among potential new customers and vendors and aid it in attracting and retaining talented employees. |

Sponsor Information

Our sponsor is a Delaware
limited liability company, which was formed to invest in our company. Although our sponsor is permitted to undertake any activities permitted
under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our
company. Tok Li is the sole manager of our sponsor and holds voting and investment discretion with respect to the ordinary shares held
of record by the sponsor. Some of our officers and directors have indirect ownership interests in our sponsor. Messrs. Ng, Tang, Zhang,
Chu and Guan each independently own 20% of a holding vehicle which, through our sponsor, indirectly owns 432,143 of the placement units
(or up to 488,393 to the extent the underwriters exercise their over-allotment option in full), and 4,100,000 of the founder shares (or
up to 4,850,000 to the extent the underwriters exercise their over-allotment option in full). In addition, our independent directors
will receive for their services as a director an indirect interest in the founder shares through membership interests in our sponsor.