Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 26

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 26
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 $10.00 per unit.                                 |     |                                                                               Working capital loans to finance transaction costs 
 in connection with an initial business combination. Such units would be identical to the private placement units. Except for the 
 foregoing, the terms of such loans, if any, have not been determined and no written agreements exist with respect to such loans. |
|                                  |     | Reimbursement for any out-of-pocket expenses related                                                                                 
 to identifying, investigating and completing an initial business combination                                                         |     |                                                                           Services in connection with identifying, investigating 
                                                                                   and completing an initial business combination |

| (1) | In                                                                                                                                            
 February 2025, an aggregate of 1,983,750 initial shares were issued to our initial shareholder, for an aggregate purchase price of $25,000.   
 In August 2025, our sponsor forfeited, for no consideration, 546,250 shares in a share recapitalization, resulting in our sponsor holding     
 an aggregate of 1,437,500 founder shares (up to 187,500 of which are subject to forfeiture depending on the extent to which the underwriters’ 
 over-allotment option is exercised), so that our initial shareholder will collectively own approximately 20% of our issued and outstanding    
 shares after this offering, purchased for approximately $0.017 per share (without giving effect to the sale of the private units, and         
 assuming our initial shareholders do not purchase units in this offering).                                                                    |

Because our sponsor acquired the Class B ordinary shares at a nominal price, our public shareholders will incur immediate and substantial dilution upon the closing of this offering, assuming no value is ascribed to the rights included in the units. Further, the Class A ordinary shares issuable in connection with the conversion of the initial shares may result in material dilution to our public shareholders due to the anti-dilution rights of our initial shares that may result in an issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion. See the sections titled “Risk Factors — “The nominal purchase price paid by our sponsor for the initial shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business combination, even if the business combination causes the trading price of our ordinary shares to materially decline” and “Dilution.” Additionally, upon consummation of our initial business combination,