Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 202

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 202
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 a statutory merger or consolidation with another company under the laws of the Cayman Islands which would require the approval of a special resolution.

The decision as to whether we will seek shareholder approval of a proposed business combination in those instances in which shareholder approval is not required by law will be made by us, solely in our discretion, and will be based on business and reasons, which include a variety of factors, including, but not limited to:

| ● | the timing of the transaction, including in the event we determine shareholder approval would require additional time and there is either not enough time to seek shareholder approval or doing so would place the company at a disadvantage in the transaction or result in other additional burdens on the company; |

| ● | the expected cost of holding a shareholder vote; |

| ● | the risk that the shareholders would fail to approve the proposed business combination; |

| ● | other time and budget constraints of the company; and |

| ● | additional legal complexities of a proposed business combination that would be time consuming and burdensome to present to shareholders. |

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Permitted purchases and other transactions with respect to our securities

If we seek shareholder
approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination
pursuant to the tender offer rules, our sponsor, initial shareholders, directors, officers, advisors or their affiliates may
purchase public shares or public warrants in privately-negotiated transactions or in the open market either prior to or following
the completion of our initial business combination. There is no limit on the number of shares or warrants our initial shareholders,
directors, officers, advisors or their affiliates may purchase in such transactions, subject to compliance with applicable law and
NYSE rules. Additionally, at any time at or prior to our initial business combination, subject to applicable securities laws
(including with respect to material nonpublic information), our sponsor, directors, officers, advisors or any of their affiliates
may enter into transactions with investors and others to provide them with incentives to acquire public shares, vote their public
shares in favor of our initial business combination or not redeem their public shares. However, they have no current commitments,
plans or intentions to engage in such transactions and have not formulated any terms or conditions for any such transactions. In the
event our sponsor, directors, officers, advisors or any of their affiliates determine to undertake any such transactions, such
transactions could have the effect of influencing the vote necessary to approve such transaction. None of the