Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 10

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 10
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 ordinary shares issued to our sponsor through such a share capitalization
would be issued at their nominal par value and may result in further dilution to the implied value of the shares held by our public shareholders.
The Class A ordinary shares issuable in connection with the conversion of the Class B ordinary shares may result in material dilution
to our public shareholders due to the anti-dilution rights of our Class B ordinary shares that may result in an issuance of Class A ordinary
shares on a greater than one-to-one basis upon conversion. In the case that additional Class A ordinary shares, or equity-linked securities
(as described herein), are issued or deemed issued in excess of the amounts sold in this offering and related to or in connection with
the closing of our initial business combination, the ratio at which the Class B ordinary shares will convert into Class A ordinary shares
will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive such anti-dilution
adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion
of all Class B ordinary shares will equal, in the aggregate, 25% of the sum of (i) the founder shares and public shares issued and outstanding
upon the completion of this offering (including any public shares issued pursuant to the exercise of the underwriters’ over-allotment
option), plus (ii) the total number of Class A ordinary shares issued or deemed issued or issuable upon the conversion or exercise of
any equity-linked securities issued or deemed issued, in connection with the closing of the initial business combination (excluding any
shares or equity-linked securities issued, or to be issued, to any seller in the initial business combination and any private placement-equivalent
units issued to our sponsor or any of its affiliates or to our officers or directors upon conversion of working capital loans and extension
loans made to us) minus (iii) any Class A ordinary shares redeemed by public shareholders in connection with an initial business combination
and any Class A ordinary shares redeemed by public shareholders in connection with any amendment to our amended and restated memorandum
and articles of association made prior to the consummation of the initial business combination (A) to modify the substance or timing
of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we
do not complete our initial business combination within the completion window or (B) with respect to any other material