Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 192

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 192
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 — Restrictions on Transfers of Initial Shares and Private Placement Units”.

Register of Members

Under the Companies Act, the
ordinary shares are deemed to be issued when the name of the shareholder is entered in our register of members. Our register of members
will be maintained by our transfer agent, VStock Transfer, LLC, which will enter the name of Cede & Co in our register of members
on the closing of this offering as nominee for each of the respective public shareholders. If (a) information that is required to be entered
in the register of members is omitted from the register or is inaccurately entered in the register, or (b) there is unreasonable delay
in entering information in the register, a shareholder of the company, or any person who is aggrieved by the omission, inaccuracy or delay,
may apply to the Cayman Islands courts for an order that the register be rectified, and the court may either refuse the application or
order the rectification of the register, and may direct the company to pay all costs of the application and any damages the applicant
may have sustained.

Rights

Except in cases where we are not the surviving company in a business combination, each holder of six rights will automatically receive one ordinary share upon consummation of our initial business combination, even if the holder of a public right converted all ordinary shares held by him, her or it in connection with the initial business combination or an amendment to our memorandum and articles of association with respect to our pre-business combination activities. In the event we will not be the surviving company upon completion of our initial business combination, each holder of six rights will be required to affirmatively convert his, her or its rights in order to receive the shares underlying the rights upon consummation of the business combination. No additional consideration will be required to be paid by a holder of rights in order to receive his, her or its additional ordinary shares upon consummation of an initial business combination. The shares issuable upon exchange of the rights will be freely tradable (except to the extent held by affiliates of ours). If we enter into a definitive agreement for a business combination in which we will not be the surviving entity, the definitive agreement will provide for the holders of rights to receive the same per share consideration the holders of the ordinary shares will receive in the transaction on an as-converted into ordinary shares basis.

We will not issue fractional shares in connection with an exchange of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance