Company: COPL-UN
Filing Date: 2025-06-13
Form Type: 10-Q
Source: 0001829126-25-004483
Chunk: 2

Company: Copley Acquisition Corp
Filing Date: 2025-06-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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575

    Additional paid-in capital

    24,425

    24,425

    Accumulated deficit

    (143,486
    )

    (68,787
    )
  
    Total Shareholder’s Deficit

    (118,486
    )

    (43,787
    )
  
    TOTAL LIABILITIES AND SHAREHOLDER’S DEFICIT
     
    $
    418,728

    $
    436,025

(1)Includes 750,000 Class B ordinary shares subject to forfeiture
if the over-allotment option was not exercised in full or in part by the underwriters (see Note 7). On May 2, 2025, the Company consummated
its Initial Public Offering and sold 17,250,000 Units, including 2,250,000 Units sold pursuant to the full exercise of the underwriters’
option to purchase additional Units to cover the over-allotment, hence the 750,000 Class B ordinary shares are no longer subject to forfeiture.

The accompanying notes are an integral part of
these unaudited condensed financial statements.

2

COPLEY ACQUISITION CORP

CONDENSED STATEMENT OF OPERATIONS

FOR THE THREE MONTHS ENDED MARCH 31, 2025

(Unaudited)

    General and administrative expenses
     
    $
    74,699

    Net Loss
     
    $
    (74,699
    )
  
    Weighted average
    Class B ordinary shares outstanding, basic and diluted(1)

    5,000,000

    Basic and diluted net loss per Class B ordinary share
     
    $
    (0.01
    )

(1)Excludes 750,000 Class B ordinary shares subject to forfeiture
if the over-allotment option was not exercised in full or in part by the underwriters (see Note 7). On May 2, 2025, the Company consummated
its Initial Public Offering and sold 17,250,000 Units, including 2,250,000 Units sold pursuant to the full exercise of the underwriters’
option to purchase additional Units to cover the over-allotment, hence the 750,000 Class B ordinary shares are no longer subject to forfeiture.

The accompanying notes are an integral part of
these unaudited condensed financial statements.

3

COPLEY ACQUISITION CORP

CONDENSED