Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 347

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 347
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 exercise of the placement warrants will not be transferable, assignable or salable until 30 days after the completion of our initial business combination (except with respect to permitted transferees as described herein under “Principal Shareholders — Transfers of Founder Shares and Placement Units”).

Except in certain limited circumstances, no member of the sponsor (including the non-managing sponsor investors) may Transfer all or any portion of its membership interests in the sponsor. For more information, see “Principal Shareholders — Transfers of Founder Shares and Placement Units”.

Determination of Offering Price

Prior to this offering, there has been no public market for our securities. Consequently, the initial public offering price for the units was determined by negotiations between us and Clear Street. The determination of our per unit offering price was more arbitrary than would typically be the case if we were an operating company. Among the factors considered in determining the initial public offering price were the history and prospects of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our capital structure, and currently prevailing general conditions in equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We cannot assure you, however, that the price at which the units, Class A ordinary shares or warrants will sell in the public market after this offering will not be lower than the initial public offering price or that an active trading market in our units, Class A ordinary shares or warrants will develop and continue after this offering.

Listing

We expect our units to be listed on NYSE, under the symbol “COPLU” commencing on or promptly after the date of this prospectus, and, once the Class A ordinary shares and warrants begin separate trading, we anticipate our Class A ordinary shares and warrants will be listed on NYSE under the symbols “COPL” and “COPLW,” respectively. The approval of listing on NYSE is a condition to closing of this offering.

Expression of Interest

The non-managing sponsor
investors have expressed to us an interest in purchasing up to an aggregate of approximately $29,700,000 of the units in this offering
at the offering price, or up to 19.8% of the aggregate number of units sold in this offering (in each case, assuming no exercise of the
underwriters’ over-allotment option). None of the non-managing sponsor investors has expressed to us an interest in purchasing
more than 9.9% of the units to be sold in this offering