Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 219

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 219
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’s management may not prove to be correct. In addition, the future management
may not have the necessary skills, qualifications or abilities to manage a public company. Furthermore, the future role of members of
our management team, if any, in the target business cannot presently be stated with any certainty. While it is possible that one or more
of our directors will remain associated in some capacity with us following our initial business combination, it is unlikely that any
of them will devote their full efforts to our affairs subsequent to our initial business combination. Moreover, we cannot assure you
that members of our management team will have significant experience or knowledge relating to the operations of the particular target
business.

We cannot assure you that any
of our key personnel will remain in senior management or advisory positions with the combined company. The determination as to whether
any of our key personnel will remain with the combined company will be made at the time of our initial business combination.

Following a business combination,
we may seek to recruit additional managers to supplement the incumbent management of the target business. We cannot assure you that we
will have the ability to recruit additional managers, or that such additional managers will have the requisite skills, knowledge or experience
necessary to enhance the incumbent management.

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Shareholders may not have the ability to approve our initial business combination

We may conduct redemptions without
a shareholder vote pursuant to the tender offer rules of the SEC subject to the provisions of our amended and restated memorandum and
articles of association. However, we will seek shareholder approval if it is required by law or applicable stock exchange rule, or we
may decide to seek shareholder approval for business or other legal reasons.

Under the NYSE’s listing
rules, shareholder approval would be required for our initial business combination if, for example:

| ● | we issue (other than in a public offering for cash) ordinary shares that will be either (a) be equal                               
 to or in excess of 20% of the number of our ordinary shares then outstanding or (b) have voting power equal to or in excess of 20% 
 of the voting power then outstanding;                                                                                              |

| ● | any of our directors, officers or substantial security holders (as defined by the NYSE rules) has                                      
 a 5% or greater interest, directly or indirectly, in the target business or assets to be acquired and if the number of ordinary shares 
 to be issued, or if the number of ordinary shares into which the securities may