Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 56

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 56
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 upon the consummation of our initial business            
 combination. Because these expressions of interest are not binding agreements or commitments to purchase, non-managing sponsor         
 investors may determine to purchase fewer units in this offering, more units in this offering, or none at all. In addition, the        
 underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non-managing         
 sponsor investors, or none at all, and the purchase of the non-managing sponsor membership interests is not contingent upon the        
 participation in this offering or vice-versa. Depending on how many units are purchased by the non-managing sponsor investors, the     
 post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had      
 the units been more widely offered and sold to other public investors. We do not expect any purchase of units by the non-managing      
 sponsor investors to negatively impact our ability to meet NYSE listing eligibility requirements. The underwriter will receive the     
 same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non-managing sponsor            
 investors, if any, as it will on the other units sold to the public in this offering. In addition, none of the non-managing sponsor    
 investors has any obligation to vote any of their public shares in favor of our initial business combination. Nevertheless, the        
 non-managing sponsor investors will be incentivized to vote any of their public shares in favor of a business combination due to       
 their indirect ownership through the sponsor of 1,133,333 founder shares and 85,000 private units. Additionally, these non-managing    
 sponsor investors have the potential to realize enhanced economic returns from their investments compared to other investors in this   
 offering. In the event that the non-managing sponsor investors purchase such units (either in this offering or after) and vote them    
 in favor of our initial business combination, no affirmative votes from other public shareholders would be required to approve our     
 initial business combination. However, because the non-managing sponsor investors are not obligated to continue owning any public      
 shares following the closing of this offering and are not obligated to vote any public shares in favor of our initial business         
 combination, we cannot assure you that any of these non-managing sponsor investors will be public shareholders at the time our         
 shareholders vote on our initial business combination, and, if they are public shareholders, we cannot assure you as to how such       
 non-managing sponsor investors will vote on any business combination.