Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 48

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 48
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, assuming 750,000 founder shares have been forfeited.                           |

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| (5) | The holders of the representative shares have agreed (i) that they will not transfer,                                                     
 assign or sell any such shares until 180 days after the                                                                                   
 completion of our initial business combination, (ii) to waive their redemption rights (or right to participate in any tender offer)       
 with respect to such shares in connection with the completion of our initial business combination or a shareholder vote to approve        
 an amendment to our amended and restated memorandum and articles of association (A) to modify the substance or timing of our obligation   
 to allow redemptions in connection with our initial business combination or to redeem 100% of our public shares if we do not complete     
 our initial business combination within the completion window or (B) with respect to any other material provision relating to the         
 rights of holders of Class A ordinary shares or pre-initial business combination activity, and (iii) to waive their rights to liquidating 
 distributions from the trust account with respect to such shares if we fail to complete our initial business combination within the       
 completion window. The representative shares are deemed to be underwriters’ compensation by FINRA pursuant to FINRA Rule 5110             
 and are therefore subject to a lock-up for a period of 180 days immediately following the commencement of sales of this offering.         
 Pursuant to FINRA Rule 5110(e)(1), these securities may not be sold, transferred, assigned, pledged or hypothecated nor may they          
 be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the       
 securities by any person for a period of 180 days immediately following the commencement of sales of this offering except to any          
 underwriter and selected dealer participating in the offering and their officers or partners, registered persons or affiliates or         
 as otherwise permitted under FINRA Rule 5110(e)(2).                                                                                       |
| (6) | Includes 7,500,000                                                                                                                        
 public warrants included in the units sold in this offering and 258,571 placement warrants comprising part of the placement units         
 to be sold in the private placement.                                                                                                      |

| Exercise 
 period   |     | The warrants will become                                                                                                               
 exercisable 30 days after the completion of our initial business combination provided that we have an effective registration statement 
 under the Securities Act covering the ordinary shares issuable upon exercise of the warrants