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

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 10
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 an immediate and substantial dilution upon the closing of this offering, assuming no value is ascribed to the rights included in the units. Further, the Class A ordinary shares issuable in connection with the conversion of the initial shares may result in material dilution to our public shareholders due to the anti-dilution rights of our initial shares that may result in an issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion. See the section titled “Risk Factors — Risks Relating to our Management Team — The nominal purchase price paid by our sponsor for the initial shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business combination, even if the business combination causes the trading price of our ordinary shares to materially decline.”

To illustrate, the table below shows possible sources of dilution and the extent of such dilution that non-redeeming public shareholders could experience in connection with the closing of this offering. The table below assumes: Scenario A) 25% of the maximum number of our public shares are redeemed, Scenario B) 50% of the maximum number of our public shares are redeemed, Scenario C) 75% of the maximum number of our public shares are redeemed, and Scenario D) maximum of our public shares redemption that would permit us to maintain net tangible assets of $5,000,001 are redeemed. See section entitled “Dilution” for more information.

| As of June 30, 2025                                      |     |                        |       |     |                |       |     |                |       |     |                |       |
|:---------------------------------------------------------|:----|:-----------------------|------:|:----|:---------------|------:|:----|:---------------|------:|:----|:---------------|------:|
|                                                          |     | Without Over-Allotment 
 Option Exercised       |       |     |                |       |     |                |       |     |                |       |
|                                                          |     | Scenario               
 A                      
 25%                    
 redemptions(1)         |       |     | Scenario       
 B              
 50%            
 redemptions(2) |       |     | Scenario       
 C              
 75%            
 redemptions(3) |       |     | Scenario       
 D              
 Maximum        
 redemptions(4) |