Company: COPL-UN
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001829126-25-002621
Chunk: 43

Company: Copley Acquisition Corp
Filing Date: 2025-04-14
Form: S-1/A
Chunk 43
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 share exchange or other similar transaction which results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property; provided, however, that in the case of clauses (a) through (f) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions contained in the letter agreement. |

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| Subject Securities                                                                                                                                                                                                                                                                                                 |     | Transfer Restrictions                                                                                                                             |     | Natural Persons and                                    
 Entities Subject to                                    
 Restrictions                                           |     | Exceptions to Transfer 
 Restrictions           |
| Placement Units, Placement Shares, Placement Warrants, Working Capital Units, Working Capital Warrants, Working Capital Shares, Extension Units, Extension Warrants, Extension Shares and any Class A ordinary shares issuable upon exercise of Placement Warrants, Working Capital Warrants or Extension Warrants |     | No Transfer until 30 days after the completion of our initial business combination.                                                               
 Further, from the effective date of this offering and ending 180 days thereafter, no Transfers without the prior written consent of Clear Street. |     | Our sponsor, officers, directors and director nominees |     | Same as above.         |

Up to 750,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over-allotment option is exercised. In addition, in order to facilitate our initial business combination or for any other reason determined by our sponsor in its sole discretion, our sponsor may surrender or forfeit, transfer or exchange our founder shares, placement units or any of our other securities, including for no consideration, as well as subject any such securities to earn-outs or other restrictions, or otherwise amend the terms of any such securities or enter into any other arrangements with respect to any such securities. We may also issue Class A ordinary shares upon conversion of the Class B ordinary shares at a ratio greater than one-to-one at the time of our initial business combination as a result of the anti-dilution provisions as set forth therein. While the non-managing sponsor investors will not be a party to the letter agreement discussed above with each of our sponsor, directors and officers, and do not fall under the definition of an “Insider” contained in such letter agreement, they will be bound by the restrictions set forth above with respect to their allocated founder shares placement units or securities comprising the placement units to the extent of, and as a result of, their ownership of membership interests in the sponsor and their