Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 62

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 62
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 shares held by those shareholders that hold more than 15% of the shares sold in          
 this offering) for or against our initial business combination or to abstain from voting. Our sponsor, officers and directors have,         
 pursuant to a letter agreement entered into with us, waived their right to have any founder shares, placement shares or public shares       
 held by them redeemed in connection with our initial business combination. Unless any of our other affiliates acquires founder shares       
 or placement shares through a permitted transfer from an initial shareholder, and thereby becomes subject to the letter agreement,          
 no such affiliate is subject to this waiver. However, to the extent any such affiliate acquires public shares in this offering or           
 thereafter through open market purchases, it would be a public shareholder and subject to the 15% limitation in connection with any         
 such redemption right.                                                                                                                      |

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| Redemption                                                                                                       
 rights in connection with proposed amendments to our amended and restated memorandum and articles of association |     | Our amended and restated                                                                                                                    
 memorandum and articles of association provide that any of its provisions (other than amendments relating to provisions governing           
 the appointment or removal of directors prior to our initial business combination, which require the approval of a special resolution       
 passed by the affirmative vote of a majority of at least 90% (or, where such amendment is proposed in respect of the consummation           
 of our initial business combination, two-thirds) of the votes cast by such shareholders as, being entitled to do so, vote in person         
 or, where proxies are allowed, by proxy at the applicable general meeting of the company, or a resolution approved in writing by            
 all of the holders of the issued shares entitled to vote on such matter), including those related to pre-business combination activity      
 (including the requirement to deposit proceeds of this offering and the placement units into the trust account and not release such         
 amounts except in specified circumstances, and to provide redemption rights to public shareholders as described herein and in our           
 amended and restated memorandum and articles of association, but excluding the provision of the articles relating to the appointment        
 or removal of directors), may be amended if approved by a special resolution under Cayman Islands law and our amended and restated          
 memorandum and articles of association passed by the affirmative vote of at least two-thirds of the votes cast by such shareholders         
 as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company,       
 or a resolution