Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 45

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 45
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 a business combination at prices no greater than the price at which the securities were originally purchased; (g) to us for no value for cancellation in connection with the consummation of the initial business combination; (h) in the event of our liquidation prior to our consummation of our initial business combination; (i) by virtue of the laws of the state of Delaware or the sponsor’s limited liability company agreement, upon dissolution of the sponsor; and (j) in the event that, subsequent to our consummation of an initial business combination, we complete a liquidation, merger, share exchange or other similar transaction which results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property; provided, however, that in the case of clauses (a) through (f) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions contained in the letter agreement. |

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| Subject Securities                                                                                                                                                                                                                                                                                                 |     | Transfer Restrictions                                                                                                                             |     | Natural Persons and                                    
 Entities Subject to                                    
 Restrictions                                           |     | Exceptions to Transfer 
 Restrictions           |
| Placement Units, Placement Shares, Placement Warrants, Working Capital Units, Working Capital Warrants, Working Capital Shares, Extension Units, Extension Warrants, Extension Shares and any Class A ordinary shares issuable upon exercise of Placement Warrants, Working Capital Warrants or Extension Warrants |     | No Transfer until 30 days after the completion of our initial business combination.                                                               
 Further, from the effective date of this offering and ending 180 days thereafter, no Transfers without the prior written consent of Clear Street. |     | Our sponsor, officers, directors and director nominees |     | Same as above.         |

Up to 750,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over-allotment option is exercised. In addition, in order to facilitate our initial business combination or for any other reason determined by our sponsor in its sole discretion, our sponsor may surrender or forfeit, transfer or exchange our founder shares, placement units or any of our other securities, including for no consideration, as well as subject any such securities to earn-outs or other restrictions, or otherwise amend the terms of any such securities or enter into any other arrangements with respect to any such securities. We may also issue Class A ordinary shares upon conversion of the Class B ordinary shares at a ratio greater