Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 272

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 272
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 from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of such
Working Capital Loans may be convertible into units at a price of $10.00 per unit at the option of the lender. Such units would be identical
to the Private Placement Units issued to the Sponsor. The terms of Working Capital Loans by the Company’s officers and directors,
if any, have not been determined and no written agreements exist with respect to such loans. As of June 30, 2025 and December 31, 2024,
the Company had no borrowings under the Working Capital Loans.

Administrative Services Agreement

The Company will enter into an Administrative
Services Agreement with the Sponsor on the effective date of the registration statement of the initial public offering through the earlier
of the consummation by the Company of an initial business combination or the Company’s liquidation, to pay the Sponsor a total
of $10,000 per month for office space and administrative and support services.

Note 6 — Commitments and Contingencies

Registration Rights

The holders of the Founder Shares issued and outstanding
on the date of this prospectus, as well as the holders of the private units and any shares of the Company’s insiders, officers,
directors or their affiliates may be issued in payment of working capital loans and extension loans made to the Company (and any ordinary
shares issuable upon conversion of the underlying the private rights), will be entitled to registration rights pursuant to an agreement
to be signed prior to or on the effective date of the registration statement. The holders of a majority of these securities are entitled
to make up to two demands that we register such securities. The holders of the majority of the Founder Shares can elect to exercise these
registration rights at any time commencing three months prior to the date on which these ordinary shares are to be released from trust.
The holders of a majority of the private units and units issued in payment of working capital loans made to us can elect to exercise
these registration rights at any time commencing on the date that the Company consummate an initial business combination. In addition,
the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the
consummation of an initial business combination. The Company will bear the expenses incurred in connection with the filing of any such
registration statements.

<div align='center'>F-13

BLUEPORT ACQUISITION LTD

NOTES TO FINANCIAL STATEMENTS</div>