Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 191

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 191
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 herein.

Three 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, 85,000 of
the placement units (whether or not the over-allotment option is exercised in full) at a price of $10.00 per unit ($850,000 in the aggregate)
in a private placement that will close simultaneously with the closing of this offering. Subject to the non-managing sponsor investors
purchasing, through the sponsor, the placement units allocated to them 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 their interest
in an aggregate of 1,133,333 founder shares held by the sponsor (whether or not the underwriter’s over-allotment option is exercised
in full). The non-managing sponsor investors will have no right to vote any security that they hold indirectly through their membership
interests in the sponsor. The non-managing sponsor investors have expressed to us an interest in purchasing up to an aggregate of
approximately $37,050,000 of the units in this offering at the offering price, or up to 24.7% of the aggregate number of units sold in
this offering (in each case, assuming no exercise of the underwriters’ over-allotment option). None of the non-managing sponsor
investors has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering.

For a discussion of certain additional arrangements with the non-managing sponsor investors, see “Risk Factors — Risks Relating to our Search for, and Consummation of or Inability to Consummate, a Business Combination — Since our sponsor, officers and directors, any other holder of our founder shares, including the non-managing sponsor investors, will lose their entire investment in us if our initial business combination is not completed (other than with respect to public shares they may acquire during or after this offering), a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination; in addition, we are not prohibited from pursuing an initial business combination with a company that is affiliated with our sponsor, officers