Company: BPAC
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001185185-25-000273
Chunk: 144

Company: Blueport Acquisition Ltd
Filing Date: 2025-04-09
Form: DRS
Chunk 144
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 initial business combination pursuant to the tender   
 offer rules, our post-offering amended and restated memorandum and articles of association will provide that a public shareholder,  
 together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert as a “group”    
 (as defined under Section 13 of the Exchange Act), will be restricted from seeking redemption rights with respect to Excess Shares  
 without our prior consent. However, we would not restrict our shareholders’ ability to vote all of their shares (including          
 Excess Shares) for or against our initial business combination.                                                                     |     | Many blank check companies provide no restrictions                                                                                          
 on the ability of shareholders to redeem shares based on the number of shares held by such shareholders in connection with an initial       
 business combination.                                                                                                                       |

<div align='center'>Potential Additional Financings</div>

We may need to obtain additional financing to complete our initial business combination, either because the transaction requires more cash than is available from the proceeds held in our trust account or because we become obligated to redeem a significant number of our public shares upon completion of the business combination, in which case we may issue additional securities or incur debt in connection with such business combination. If we raise additional funds through equity or convertible debt issuances, our public shareholders may suffer significant dilution and these securities could have rights that rank senior to our public shares. If we raise additional funds through the incurrence of indebtedness, such indebtedness would have rights that are senior to our equity securities and could contain covenants that restrict our operations. Further, as described above, due to the anti-dilution rights of our initial shares, our public shareholders may incur material dilution. In addition, we intend to target businesses with enterprise values that are greater than we could acquire with the net proceeds of this offering and the sale of the private placement units, and, as a result, if the cash portion of the purchase price exceeds the amount available from the trust account, net of amounts needed to satisfy any redemptions by public shareholders, we may be required to seek additional financing to complete such proposed initial business combination. We may also obtain financing prior to the closing of our initial business combination to fund our working capital needs and transaction costs in connection with our search for and completion of our initial business combination. These financing transactions are typically designed to ensure a return on investment to the investor in exchange for assisting the company in completing the business combination or providing sufficient liquidity to the post-combination company. The price of the