Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 270

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 270
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 combination, as described below; (3) they may be exercised by the holders on a cashless basis; and (4) they (including the ordinary shares issuable upon exercise of these warrants) are entitled to registration rights, as described below.

Our sponsor and our officers and directors are deemed to be our “promoters” as such term is defined under the federal securities laws. See “Certain Relationships and Related Party Transactions” for additional information regarding our relationships with our promoters.

Expression of Interest

The non-managing sponsor
investors have expressed to us an interest in purchasing up to an aggregate of approximately $29,700,000 of the units in this offering
at the offering price, or up to 19.8% of the aggregate number of units sold in this offering (in each case, assuming no exercise of the
underwriters’ over-allotment option). None of the non-managing sponsor investors has expressed to us an interest in purchasing
more than 9.9% of the units to be sold in this offering.

Subject to each
non-managing sponsor investor purchasing, through the sponsor, the placement units allocated to it in connection with the
closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non-managing sponsor
investors reflecting interests in an aggregate of 900,000 founder shares held by the sponsor. The non-managing sponsor
investors are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will
only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held
by the sponsor, including the founder shares and the private placement units held by the sponsor. The interests of the members of
the sponsor are denominated in two classes of membership interest units: (i) Class A membership units representing interests in the
founder shares and (ii) Class B membership units that will represent an interest in the private placement units. All members of the
sponsor, including the managing member of our sponsor, and any non-managing sponsor investor that may join the sponsor
concurrently with this offering, will hold both classes of membership units representing their proportional interest in the founder
shares and private placement units. Pursuant to the governing documents of the sponsor, the management and control of the sponsor is
vested exclusively with the manager, without any voting rights by any members regardless of their respective ownership. As a result,
the non-managing sponsor investors will