Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 45

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 45
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 provided herein and in our amended and restated memorandum and articles of association.                               
 In the case that additional Class A ordinary                                                                                                   
 shares, or equity-linked securities, are issued or deemed issued in excess of the amounts sold in this offering and related to or in           
 connection with the closing of our initial business combination, the ratio at which the Class B ordinary shares shall convert into Class       
 A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive      
 such anti-dilution adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable     
 upon conversion of all Class B ordinary shares will equal, in the aggregate, 25% of the sum of (i) the founder shares and public shares        
 issued and outstanding upon completion of this offering (including any public shares issued pursuant to the exercise of the underwriters’      
 over-allotment option), plus (ii) the total number of Class A ordinary shares issued or deemed issued or issuable upon the conversion          
 or exercise of any equity-linked securities issued or deemed issued, in connection with the closing of the initial business combination        
 (excluding any shares or equity-linked securities issued, or to be issued, to any seller in the initial business combination and any           
 private placement-equivalent units issued to our sponsor or any of its affiliates or to our officers or directors upon conversion of           
 working capital loans and extension loans made to us) minus (iii) any Class A ordinary shares redeemed by public shareholders in connection    
 with an initial business combination and any Class A ordinary shares redeemed by public shareholders in connection with any amendment          
 to our amended and restated memorandum and articles of association made prior to the consummation of the initial business combination          
 (A) to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to          
 redeem 100% of our public shares if we do not complete our initial business combination within the completion window or (B) with respect       
 to any other material provisions relating to the rights of holders of Class A ordinary shares or pre-business combination activity; provided   
 that such conversion of founder shares will never occur on a less than one-for-one basis. The term “equity-linked securities”                  
 refers to any debt or equity securities that are convertible, exercisable or exchangeable for our Class A ordinary shares issued in a          
 financing transaction in connection with our initial business combination, including but not limited to a private placement of equity