Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 125

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 125
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 business or businesses prior to the completion of our initial business combination and, if necessary, to implement
and test additional controls as we may determine are necessary in order to state that we maintain an effective system of internal controls.
A target business may not be in compliance with the provisions of the Sarbanes-Oxley Act regarding the adequacy of internal controls.
Target businesses we may consider for our initial business combination may have internal controls that need improvement in areas such
as:

| ● | staffing for financial, accounting and external reporting areas, including segregation of duties; |

| ● | reconciliation of accounts; |

| ● | proper recording of expenses and liabilities in the period to which they relate; |

| ● | evidence of internal review and approval of accounting transactions; |

| ● | documentation of processes, assumptions and conclusions underlying significant estimates; and |

| ● | documentation of accounting policies and procedures. |

Because it will take time, management
involvement and perhaps outside resources to determine what internal control improvements are necessary for us to meet regulatory requirements
and market expectations for our operation of a target business, we may incur significant expense in meeting our public reporting responsibilities,
particularly in the areas of designing, enhancing, or remediating internal and disclosure controls. Doing so effectively may also take
longer than we expect, thus increasing our exposure to financial fraud or erroneous financing reporting.

Once our management’s report
on internal controls is complete, we will retain our independent auditors to audit and render an opinion on such report when, or if, required
by Section 404. The independent auditors may identify additional issues concerning a target business’s internal controls while performing
their audit of internal control over financial reporting.

Quantitative and Qualitative Disclosures about Market Risk

The net proceeds of this offering,
including amounts in the trust account, will be invested in United States government treasury bills, bonds or notes having a maturity
of 185 days or less, or in money market funds meeting the applicable conditions under Rule 2a-7 promulgated under the Investment Company
Act and that invest solely in U.S. treasuries. Due to the short-term nature of these investments, we believe there will be no associated
material exposure to interest rate risk.

Off-Balance Sheet Arrangements; Commitments and Contractual Obligations; Quarterly Results

As of the date of this prospectus,
we do not have any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K and do