Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 222

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 222
---
offer rules under the Exchange Act or a going-private transaction subject to the going-private rules under the Exchange Act; however,
if the purchasers determine at the time of any such purchases that the purchases are subject to such rules, the purchasers will be required
to comply with such rules.

The purpose of any such transaction
could be to (1) increase the likelihood of obtaining shareholder approval of our initial business combination, (2) reduce the number
of public warrants outstanding or vote such public warrants on any matters submitted to the public warrant holders for approval in connection
with our initial business combination or (3) satisfy a closing condition in an agreement with a target that requires us to have a minimum
net worth or a certain amount of cash at the closing of our initial business combination, where it appears that such requirement would
otherwise not be met. This may result in the completion of our initial business combination that may not otherwise have been possible.
Any such purchases will be reported pursuant to Section 13 and Section 16 of the Exchange Act to the extent such purchasers
are subject to such reporting requirements. To the extent such securities are purchased, such public securities will not be voted as
required by Tender Offers and Schedules Compliance and Disclosure Interpretations Question 166.01 promulgated by the SEC.

In addition, if such purchases
are made, the public “float” of our securities and the number of beneficial holders of our securities may be reduced, possibly
making it difficult to maintain or obtain the quotation, listing or trading of our securities on a national securities exchange.

<div align='center'>138</div>

Our sponsor, officers, directors
and/or any of their affiliates anticipate that they may identify the shareholders with whom our sponsor, officers, directors or their
affiliates may pursue privately-negotiated purchases by either the shareholders contacting us directly or by our receipt of redemption
requests tendered by shareholders following our mailing of proxy materials in connection with our initial business combination. To the
extent that our sponsor, officers, directors, advisors or their affiliates enter into a private purchase, they would identify and contact
only potential selling shareholders who have expressed their election to redeem their shares for a pro rata share of the trust account
or vote against our initial business combination, whether or not such shareholder has already submitted a proxy with respect to our initial
business combination. Such persons would select the shareholders from whom to acquire shares based on the number of shares available,
the negotiated price per share and such other factors as any such person may deem