Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 218

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 218
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will be entitled to registration rights pursuant to an agreement to be signed prior to or on the effective date of this offering. 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 initial shares can elect to exercise these registration rights at any time commencing three months prior to the end of
the Lock-up period. The holders of a majority of the private units (and underlying securities) and securities issued in payment of working
capital loans (or underlying securities) can elect to exercise these registration rights at any time after we consummate a business combination.
In addition, the holders have certain “piggyback” registration rights with respect to registration statements filed subsequent
to our consummation of a business combination. We will bear the expenses incurred in connection with the filing of any such registration
statements.

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TAXATION</div>

The following summary of the material Cayman Islands and U.S. federal income tax consequences of an investment in our units, ordinary shares and rights to acquire our ordinary shares, sometimes referred to, individually or collectively, in this summary as our “securities,” is based upon laws and relevant interpretations thereof in effect as of the date of this prospectus, all of which are subject to change. This summary does not deal with all possible tax consequences relating to an investment in our securities, such as the tax consequences under state, local and other tax laws.

Cayman Islands Taxation

The following is a discussion
of certain Cayman Islands income tax consequences of an investment in our securities. The discussion is a general summary of present law,
which is subject to prospective and retroactive change. It is not intended as tax advice, does not consider any investor’s particular
circumstances, and does not consider tax consequences other than those arising under Cayman Islands law.

Under Existing Cayman Islands Laws

The company is incorporated under
the laws of the Cayman Islands as an exempted company with limited liability.

Payments of dividends and capital
in respect of our securities will not be subject to taxation in the Cayman Islands and no withholding will be required on the payment
of a dividend or capital to any holder of the securities nor will gains derived from the disposal of the securities be subject to Cayman
Islands income or corporation tax. The Cayman Islands currently have no income, corporation or capital gains tax and no estate duty, inheritance
tax or gift tax.

No stamp duty