Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 271

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 271
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 have no right to control the sponsor. In addition, the non-managing sponsor investors will
have no right to vote any securities that they hold indirectly through their membership units of the sponsor or participate in any
decision regarding the disposal of any security held by the sponsor, or otherwise. The non-managing sponsor investors’
membership interests in our sponsor track our underlying securities on a 1:1 basis. The non-managing sponsor investors will
have the same rights to the funds held in the trust account with respect to the public shares comprising part of the units they may
purchase in this offering as the rights afforded to our other public shareholders. However, if the non-managing sponsor
investors purchase all of the units for which they have expressed to us an interest in purchasing or otherwise hold a substantial
number of our units, then the non-managing sponsor investors will potentially have different interests than our other public
shareholders in approving our initial business combination and otherwise exercising their rights as public shareholders because of
their indirect ownership of founder shares as further discussed in this prospectus.

There can be no assurance that the non-managing sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units these investors will retain, if any, prior to or upon the consummation of our initial business combination. Because these expressions of interest are not binding agreements or commitments to purchase, non-managing sponsor investors may determine to purchase fewer units in this offering, more units in this offering, or none at all. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non-managing sponsor investors, or none at all, and the purchase of the non-managing sponsor membership interests is not contingent upon the participation in this offering or vice-versa. Depending on how many units are purchased by the non-managing sponsor investors, the post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. We do not expect any purchase of units by the non-managing sponsor investors to negatively impact our ability to meet NYSE listing eligibility requirements. The underwriter will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non-managing sponsor investors, if any, as it will on the other units sold to the public in this offering. In the event that the non-managing sponsor investors purchase the number