Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 4

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 4
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,750,000 Class B ordinary
shares, which we refer to as “founder shares” as further described herein. Two institutional accredited investors and one
individual accredited investor (none of which are affiliated with any member of our management, other members of our sponsor or any other
investor), which we refer to collectively as the “non-managing sponsor investors” throughout this prospectus, have expressed
an interest to indirectly purchase, through the purchase of non-managing sponsor membership interests, 67,500 of the placement units
(whether or not the over-allotment option is exercised in full) at a price of $10.00 per unit ($675,000 in the aggregate) in a private
placement that will close simultaneously with the closing of this offering. Subject to each non-managing sponsor investor purchasing,
through the sponsor, the placement units allocated to it simultaneously with the closing of this offering, the sponsor will issue membership
interests at a nominal purchase price ($0.004) to the non-managing sponsor investors reflecting interests in an aggregate of 900,000
founder shares held by the sponsor (whether or not the underwriter’s over-allotment option is exercised in full). Due to such nominal
purchase price, the non-managing sponsor investors will have the potential to realize enhanced economic returns from their investment
as compared to other investors in the offering. Pursuant to the terms of the sponsor’s operating agreement, the sponsor may not
forfeit, transfer, exchange or amend the terms of the founder shares and placement units indirectly held by a non-managing sponsor investor
without the consent of such non-managing sponsor investor. In connection with a business combination, we may need to seek the forfeiture,
transfer, exchange or amendment of the terms of the founder shares and placement units, some of which are held indirectly by the non-managing
sponsor investors, in which case the sponsor will need to obtain the consent of each non-managing sponsor investor prior to forfeiting,
transferring, exchanging, or amending the terms of the founder shares and placement units indirectly held by such non-managing sponsor
investor. If the sponsor is unable to obtain such consent, our ability to complete a business combination may be negatively impacted.
Under no circumstances will we issue more than an aggregate of 555,893 placement units in this offering. As a result, the number of placement
units purchased by the non-managing sponsor investors through the sponsor, if any, will proportionally reduce the number of placement