Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 118

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 118
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 will receive from the sale of the private units. |

| (2) | On February                                                                                                                                   
 28, 2025, we issued an unsecured promissory note to our sponsor with an aggregate principal amount of $300,000, which is non-interest-bearing 
 and payable on the earlier of (i) the date on which we consummate the initial public offering of our securities or (ii) the date              
 on which we determine not to conduct an initial public offering of our securities.                                                            |

| (3) | Each                                                                                           
 of the underwriters reserves the right in its sole discretion to waive its respective portion  
 of the deferred underwriting commissions at any time prior to the initial business combination 
 by providing written notice to us.                                                             |

| (4) | Represents net proceeds allocated to the 6,900,000 Class A ordinary                                                                           
 shares less the allocated transaction costs related to this offering using the relative fair value method. All of the 6,900,000 Class         
 A ordinary shares sold as part of the units in this offering contain a redemption feature which allows for the redemption of such public      
 shares in connection with our liquidation, if there is a shareholder vote or tender offer in connection with our initial business combination 
 and in connection with certain amendments to our amended and restated memorandum and articles of association. In accordance with SEC guidance 
 on redeemable equity instruments, which has been codified in ASC 480-10-S99, redemption provisions not solely within the control of a         
 company require ordinary shares subject to redemption to be classified outside of permanent equity. Accordingly, all of the outstanding       
 Class A ordinary shares are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance               
 sheet. Accretion associated with the redeemable Class A ordinary shares will be excluded from earnings per share as the redemption value      
 approximates fair value. Subsequent changes to the redemption value of $69,000,000 will be accreted over 15 months from the closing of        
 this offering to our anticipated time frame to consummate an initial business combination using the effective interest method. Subject        
 to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may         
 be extended by shareholders via an amendment to our amended and restated memorandum and articles of association.                              |

| (5) | Actual                                                                                   
 share amount is prior to any forfeiture of initial shares by our sponsor and as adjusted 
 amount assumes no exercise of the under