Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 64

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 64
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 to such entity. Accordingly,          
 if any of our directors or officers becomes aware of a business combination opportunity that is suitable for an entity to which           
 he or she has then-current fiduciary or contractual obligations, he or she may need to honor these fiduciary or contractual obligations   
 to present such business combination opportunity to such entity, or in the case of a non-compete restriction, may not present             
 such opportunity to us at all, subject to his or her fiduciary duties under Cayman Islands law. See “Risk Factors —                       
 Risks Relating to our Sponsor and Management Team— Our officers and directors have pre-existing fiduciary and contractual                 
 obligations and accordingly, may have conflicts of interest in determining to which entity a particular business opportunity              
 should be presented.”                                                                                                                     
 Our executive officers and our directors                                                                                                  
 may have interests that differ from you in connection with the business combination, including the fact that they will lose their         
 entire investment in us if our initial business combination is not completed, except to the extent they receive liquidating distributions 
 from assets outside the trust account, and accordingly, may have a conflict of interest in determining whether a particular target        
 business is an appropriate business with which to effectuate our initial business combination.                                            
 Our sponsor and members of our management                                                                                                 
 team will directly or indirectly own our securities following this offering, and accordingly, they may have a conflict of interest        
 in determining whether a particular target business is an appropriate business with which to effectuate our initial business              
 combination, including the fact that they will lose their entire investment in us if our initial business combination is not              
 completed, except to the extent they receive liquidating distributions from assets outside the trust account. Upon the closing of         
 this offering, assuming exercise in full of the underwriters’ over-allotment option, our sponsor will have invested in us an              
 aggregate of $4,293,750, comprised of the $25,000 purchase price for the founder shares (or approximately $0.004 per share) and the       
 $4,268,750 purchase price for the placement units at an average of approximately $7.44 per unit. Placement warrants comprising part       
 of the placement units may be exercised on a cashless basis. Additionally, the low price that our sponsor, executive officers and         
 directors (directly or indirectly) paid for the founder shares creates an incentive whereby our officers and directors could              
 potentially make a substantial profit even if we select an acquisition target that subsequently declines in value and is