Company: COPL-UN
Filing Date: 2025-02-18
Form Type: S-1/A
Source: 0001829126-25-001063
Chunk: 262

Company: Copley Acquisition Corp
Filing Date: 2025-02-18
Form: S-1/A
Chunk 262
---
 securities comprising the placement units that it holds indirectly through its holdings of membership units of the sponsor. |

<div align='center'>165</div>

After giving effect to the issuance of founder shares and the private placement of placement units, our sponsor will own approximately 26.2% of the issued and outstanding ordinary shares following the offering (including the placement shares comprising the placement units and assuming that holders of founder shares do not purchase any public shares in this offering or the public market) and will have the right to elect all of our directors prior to our initial business combination as a result of holding all of the founder shares. Unless there are no longer any Class B ordinary shares outstanding, holders of our public shares will not have the right to appoint any directors to our board of directors prior to our initial business combination. In addition, because of their ownership block, our initial shareholders may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including amendments to our amended and restated memorandum and articles of association and approval of significant corporate transactions. If we increase or decrease the size of this offering, we will effect a share capitalization or share repurchase or other appropriate mechanism, as applicable, with respect to our founder shares immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares at 25% of our issued public shares and founder shares upon the consummation of this offering. Any additional Class B ordinary shares issued to our sponsor through such a share capitalization would be issued at their nominal par value and may result in material dilution to the implied value of the shares held by our public shareholders.

Our sponsor has committed to purchase an aggregate of 387,500 placement units (426,875 placement units if the over-allotment option is exercised in full) for an aggregate purchase price of $3,875,000 ($4,268,750 if the over-allotment option is exercised in full) in a private placement that will occur simultaneously with the closing of this offering. Of the 387,500 placement units (or 426,875 placement units if the over-allotment is exercised in full), the non-managing sponsor member has expressed an interest to indirectly purchase, through the purchase of non-managing sponsor membership interests, [ ] of the placement units at a price of $10.00 per unit ($[ ] in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject to the non-managing sponsor member purchasing,