Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 36

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 36
---
 the completion of our initial business combination, which, if made prior to the completion of our initial business combination, will 
                                                                                   be paid from funds held outside the trust account. |

<div align='center'>12</div>

| (1) | Of the total number of founder shares held by the sponsor, the non-managing sponsor member will own, indirectly through the purchase of non-managing membership interests of the sponsor, an aggregate of [ ] founder shares held by the sponsor (or up to [ ] founder shares held by the sponsor if the underwriters’ overallotment option is exercised in full), which were purchased for approximately $0.004 per share. In addition, several of our officers and directors own an indirect interest the founder shares through membership interests in our sponsor. The non-managing sponsor member will have no right to vote the founder shares that it holds indirectly through its Class A membership interests in the sponsor. |
| (2) | Of the 387,500 placement units (or 426,875 placement units if the over-allotment is exercised in full), the non-managing sponsor member has expressed an interest to purchase, indirectly through the purchase of non-managing membership interests, [ ] of the placement units ($[ ] in the aggregate) at a price of $10.00 per unit (whether or not the over-allotment option is exercised in full) in a private placement that will close simultaneously with the closing of this offering. The non-managing sponsor member will have no right to vote the placement units or securities comprising the placement units that it holds indirectly through its membership interests in the sponsor.                                    |

Because our sponsor acquired the founder shares at a nominal price, our public shareholders will incur immediate and substantial dilution upon the closing of this offering, assuming no value is ascribed to the warrants included in the units. As a result, the holders of our founder shares (including certain of our directors and officers that indirectly own founder shares) could make a substantial profit after our initial business combination even if our public shareholders lose money on their investment as a result of a decrease in the post-combination value of their Class A ordinary shares. Further, the Class A ordinary shares issuable in connection with the conversion of the founder shares may result in material dilution to our public shareholders due to the anti-dilution rights of our founder shares that may result in an issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion. See the sections titled “ Risk Factors — Risks Rel