Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 254

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 254
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 sponsor will own approximately 26.2% of
our issued and outstanding ordinary shares after this offering (including the placement shares comprising part of the placement units
and assuming it does not purchase units in this offering). If we increase or decrease the size of this offering, we will effect a share
capitalization or share surrender or repurchase or other appropriate mechanism, as applicable with respect to our Class B ordinary shares
immediately prior to the consummation of this offering in such amount as to maintain the ownership of founder shares by our sponsor at
25% of our issued and outstanding founder shares and public shares upon the consummation of this offering. Any additional Class B ordinary
shares issued to our sponsor through such a share capitalization would be issued at their nominal par value. Our sponsor does not intend
to purchase any units in this offering.

Our sponsor has committed to purchase an aggregate of 387,500 placement units (426,875 placement units if the over-allotment option is exercised in full) for an aggregate purchase price of $3,875,000 ($4,268,750 if the over-allotment option is exercised in full) in a private placement that will occur simultaneously with the closing of this offering. Of the 387,500 placement units (or 426,875 placement units if the over-allotment is exercised in full), the non-managing sponsor member has expressed an interest to indirectly purchase, through the purchase of non-managing sponsor membership interests, [ ] of the placement units at a price of $10.00 per unit ($[ ] in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject to the non-managing sponsor member purchasing, through the sponsor, the placement units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price ($0.004) to the non-managing sponsor member reflecting its interest in an aggregate of [ ] founder shares held by the sponsor (or up to [ ] founder shares held by the sponsor if the underwriters’ over-allotment option is exercised in full). The non-managing sponsor member will have no right to vote the founder shares, placement units or securities comprising the placement units that it holds indirectly through its membership interests in the sponsor. There will be no redemption rights or liquidating distributions from the trust account with respect to the founder shares, placement shares or placement warrants, which will expire worthless if we do not consummate a business combination within the