Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 57

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 57
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 in purchasing or otherwise hold a substantial number of our units, then the non-managing sponsor investors will potentially             
 have different interests than our other public shareholders in approving our initial business combination and otherwise exercising      
 their rights as public shareholders because of their indirect ownership of founder shares as further discussed in this prospectus.      
 Any trading decisions made by any of the foregoing entities will be made by them based on market conditions at the time of the          
 proposed sale or redemption. Clear Street’s affiliates will not become non-managing sponsor investors or receive any                    
 economic or other interest in the sponsor.                                                                                              |

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| Proceeds                    
 to be held in trust account |     | Of the $153,700,001 in proceeds we will                                                                                              
 receive from this offering and the sale of the placement units described in this prospectus, or $176,593,751 if the underwriter’s    
 over-allotment option is exercised in full, $150,750,000 ($10.05 per unit), or $173,362,500 ($10.05 per unit) if the underwriter’s   
 over-allotment option is exercised in full will be deposited into a U.S.-based trust account maintained by Continental Stock         
 Transfer & Trust Company acting as trustee, and $600,000 will be used to pay expenses in connection with the closing of this         
 offering and $475,001 for working capital following this offering. The funds in the trust account will be invested or held only      
 in either (i) U.S. government treasury bills with a maturity of 185 days or less or in money market funds investing solely in        
 U.S. Treasuries, (ii) uninvested cash, or (iii) an interest-bearing bank demand deposit account or other accounts at a bank.         
 To mitigate the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk      
 increases the longer we hold investments in the trust account, we may, at any time (and will no later than 24 months from the        
 closing of this offering) instruct the trustee to liquidate the investments held in the trust account and instead to hold the        
 funds in the trust account in cash or in an interest bearing demand deposit account. For more information about the risk of the      
 company being considered to be operating as an unregistered investment company, see “Risk Factors — Risks Relating                   
 to our Search for, Consummation of, or Inability to Consummate