Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 49

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 49
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 and a current prospectus relating to      
 them is available and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of     
 the state of residence of the holder (or we permit holders to exercise their warrants on a cashless basis under the circumstances      
 specified in the warrant agreement).                                                                                                   |
|          |     | We are registering the Class A ordinary shares issuable upon exercise of the                                                           
 warrants in the registration statement of which this prospectus forms a part because the warrants will become exercisable 30 days      
 after the completion of our initial business combination, which may be within one year of this offering. However, because the          
 warrants will be exercisable until their expiration date of up to five years after the completion of our initial business              
 combination, in order to comply with the requirements of Section 10(a)(3) of the Securities Act following the consummation             
 of our initial business combination we have agreed that as soon as practicable, but in no event later than 30 business days after      
 the closing of our initial business combination, we will use our commercially reasonable efforts to file with the SEC a registration   
 statement covering the Class A ordinary shares issuable upon exercise of the warrants, and we will use our commercially reasonable     
 efforts to cause such registration statement to become effective within 90 business days after the closing of our initial business     
 combination and to maintain the effectiveness of such registration statement and a current prospectus relating to those Class          
 A ordinary shares until the warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement        
 under the Securities Act covering the issuance of the Class A ordinary shares issuable upon exercise of the warrants is not effective  
 by the 60th business day after the closing of our initial business combination, warrant holders may, until such time as there          
 is an effective registration statement and during any period when we will have failed to maintain an effective registration statement, 
 exercise warrants on a “cashless basis.” Additionally, if, at the time that a public warrant is exercised, our Class                   
 A ordinary shares are not listed on a national securities exchange such that it satisfies the definition of a “covered                 
 security” under Section 18(b)(1) of the Securities Act, we may, at our option, require holders of public warrants                      
 who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities                        
 Act and, in the event we so elect, we will not