Company: COPL-UN
Filing Date: 2025-05-08
Form Type: 8-K
Source: 0001829126-25-003488
Chunk: 0

Company: Copley Acquisition Corp
Filing Date: 2025-05-08
Form: 8-K
Item: Item 8.01
Chunk 0
---
Item 8.01. Other Events

On May 2, 2025, Copley Acquisition Corp (the “ Company”) consummated its initial public offering (“ IPO”) of 17,250,000
units (the “ Units”), including 2,250,000 Units issued pursuant to the exercise of the underwriters’ over-allotment option.
Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “ Ordinary Shares”), and
one-half of one redeemable warrant (the “ Warrants”) with each whole warrant entitling the holder thereof to purchase one Ordinary
Share at a price of $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $172,500,000
(the “ Public Proceeds”).

Simultaneously
with the closing of the IPO, pursuant to the private placement unit purchase agreement, dated April 30, 2025, between the Company and
Copley Acquisition Sponsors, LLC, the Company completed the private sale of 555,893 units (the “ Private Units”), with 67,500
Private Placement Units sold at a purchase price of $10.00 per Private Unit and the remainder sold at a purchase price of $7.00 per Private
Unit, generating aggregate gross proceeds to the Company of $4,093,750 (the “ Private Proceeds” and together with the Public
Proceeds, the “ Offering Proceeds”).

A total of $173,362,500, or $10.05 per Unit, comprised of the net proceeds from the IPO (which amount includes $5,175,000 of the underwriter’s
deferred discount) and the proceeds of the sale of the Private Placement Units, was placed in a U. S.-based trust account maintained by
Continental Stock Transfer & Trust Company, acting as trustee.

An audited balance sheet as of May 2, 2025 reflecting receipt of the Offering Proceeds has been issued by the Company and is included
as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial
Statements and Exhibits.

  (d)      Exhibits  

EXHIBIT INDEX

  Exhibit No.      Description            
 ──────────────────────────────────────────
         99.1      Audited Balance Sheet  

SIGNATURE

Pursuant to the