Company: COPL-UN
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001829126-25-002621
Chunk: 120

Company: Copley Acquisition Corp
Filing Date: 2025-04-14
Form: S-1/A
Chunk 120
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assuming no exercise of the over-allotment option). Additionally, if we increase or decrease the size of this offering, we will effect a share capitalization or a share repurchase or surrender or other appropriate mechanism immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares at 25% of our issued and outstanding founder shares and public shares upon the consummation of this offering. Any additional founder shares issued to our sponsor through such a share capitalization would be issued at their nominal par value. As a result of the nominal aggregate purchase price paid by the sponsor for the founder shares, the value of your public shares may be significantly diluted upon the consummation of our initial business combination, when the founder shares are converted into public shares. For example, the following table shows the dilutive effect of the founder shares on the implied value of the public shares upon the consummation of our initial business combination, assuming that our equity value at that time is $146,250,000 which is the amount we would have for our initial business combination in the trust account after payment of $4,500,000 of deferred underwriting commissions, assuming the underwriters’ over-allotment option is not exercised, no interest is earned on the funds held in the trust account, and no public shares are redeemed in connection with our initial business combination, and without taking into account any other potential impacts on our valuation at such time, such as the trading price of our public shares, the business combination transaction costs, any equity issued or cash paid to the target’s sellers or other third parties, or the target’s business itself, including its assets, liabilities, management and prospects, as well as the value of our public and placement warrants. At such valuation, each of our ordinary shares would have an implied value of approximately $7.08 per share upon consummation of our initial business combination, which would be an approximate 29.59% decrease as compared to the initial implied value per public share of $10.05.

| Public shares(1)                                                                                         |     |   |  15,000,000 |
| Founder shares(2)                                                                                        |     |   |   5,000,000 |
| Placement Shares                                                                                         |     |   |     517,143 |
| Representative shares                                                                                    |     |   |     150,000 |
| Total shares                                                                                             |     |   |  20,667,143 |
| Total funds in trust available for