Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 260

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 260
---
 law. In no other circumstances
will a public shareholder have any right or interest of any kind to or in the Trust Account.

<div align='center'>F-7

BLUEPORT ACQUISITION LTD

NOTES TO FINANCIAL STATEMENTS</div>

Note 1 — Description of Organization and Business Operations (cont.)

The Company will provide its shareholders with
the opportunity to redeem all or a portion of their public shares upon the completion of the Business Combination either (i) in
connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. If the Company
seeks shareholder approval, a majority of the shares voted are voted in favor of the Business Combination. If a shareholder vote is not
required by law and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant
to its amended and restated memorandum and articles of association, conduct the redemptions pursuant to the tender offer rules of the
U.S. Securities and Exchange Commission (“SEC”) and file tender offer documents with the SEC prior to completing a Business
Combination. If, however, shareholder approval of the transaction is required by law, or the Company decides to obtain shareholder approval
for business or legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy
rules and not pursuant to the tender offer rules. Additionally, each public shareholder may elect to redeem their Public Shares irrespective
of whether they vote for or against the proposed transaction. If the Company seeks shareholder approval in connection with a Business
Combination, the Company’s Sponsor and any of the Company’s officers or directors that may hold Founder Shares (as defined
in Note 5) (the “Initial Shareholders”) and the underwriters have agreed (a) to vote their Founder Shares, Private Shares
(as defined in Note 4), Shares issued as underwriting commissions (see Note 6) and any Public Shares purchased during or after the Proposed
Public Offering in favor of approving a Business Combination and (b) not to convert any shares (including the Founder Shares) in connection
with a shareholder vote to approve, or sell the shares to the Company in any tender offer in connection with, a proposed Business Combination.

Notwithstanding the foregoing, if the Company
seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the amended
and restated memorandum and articles of association provides that