Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 52

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 52
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 provided herein and in our amended and restated memorandum and articles of             
 association.                                                                                                                              
 In the case that additional Class                                                                                                         
 A ordinary shares, or equity-linked securities, are issued or deemed issued in excess of the amounts sold in this offering and            
 related to or in connection with the closing of our initial business combination, the ratio at which the Class B ordinary shares          
 shall convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class         
 B ordinary shares agree to waive such anti-dilution adjustment with respect to any such issuance or deemed issuance) so that              
 the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, 25%           
 of the sum of (i) the founder shares and public shares issued and outstanding upon completion of this offering (including any             
 public shares issued pursuant to the exercise of the underwriters’ over-allotment option), plus (ii) the total number of                  
 Class A ordinary shares issued or deemed issued or issuable upon the conversion or exercise of any equity-linked securities issued        
 or deemed issued, in connection with the closing of the initial business combination (excluding any shares or equity-linked securities    
 issued, or to be issued, to any seller in the initial business combination and any Working Capital Units and Extension Units              
 issued to our sponsor or any of its affiliates or to our officers or directors upon conversion of working capital loans and extension     
 loans made to us) minus (iii) any Class A ordinary shares redeemed by public shareholders in connection with an initial business          
 combination and any Class A ordinary shares redeemed by public shareholders in connection with any amendment to our amended and           
 restated memorandum and articles of association made prior to the consummation of the initial business combination (A) to modify          
 the substance or timing of our obligation to allow redemption 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 provisions relating to the rights of holders of Class A ordinary shares or pre-business combination activity;       
 provided that such conversion of founder shares will never occur on a less than one-for-one basis. The term “equity-linked                
 securities” refers to any debt or equity securities that are convertible, exercisable or exchangeable for our Class A ordinary            
 shares issued in a financing transaction in connection with our initial business combination, including but not limited to a