Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 259

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 259
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 a Business Combination if the
post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a
controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment
Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to
complete a Business Combination successfully.

Upon the closing of the Proposed Public Offering,
management has agreed that at least $10.00 per Unit (as defined in Note 3) sold in the Proposed Public Offering will be held into
a U.S.-based trust account (“Trust Account”). The funds held in the trust account will be invested only in U.S. government
treasury bills with a maturity of 185 days or less, or in money market funds meeting the applicable conditions of Rule 2a-7 promulgated
under the Investment Company Act which invest solely in direct U.S. government treasury. Except with respect to dividend and/or
interest earned on the funds held in the Trust Account that may be released to the Company to pay the Company’s tax obligation,
if any, the proceeds from the Proposed Public Offering and the sale of the private placement units that are deposited and held in the
Trust Account will not be released from the Trust Account until the earliest to occur of (i) the completion of the Company’s
initial Business Combination, (ii) the redemption of any public shares properly tendered in connection with a shareholder vote to
amend the Company’s amended and restated memorandum and articles of association to (A) modify the substance or timing of obligation
to redeem 100% of our public shares if the Company does not complete the Company’s initial Business Combination within 15 months
from the effective date of this registration statement (subject to shareholder approval, there are no limitations as to the duration
of an extension or the number of times the completion window may be extended by shareholders via an amendment to our amended and restated
memorandum and articles of association), or (B) with respect to any other provision relating to shareholders’ rights or pre-business combination
activity, and (iii) the redemption of all of our public shares if the company are unable to complete their initial business combination
within 15 months from the effective date of this registration statement (unless such completion window is extended by shareholders
via an amendment to our amended and restated memorandum and articles of association), subject to applicable