Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 35

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 35
---
 comply with the delivery requirements for conversion, such converting shareholders may be unable to sell their securities      
 when they wish to in the event that the proposed business combination is not approved.”                                                  |
|                                                             |     | Once the shares are converted                                                                                                            
 by the holder, and effectively redeemed by us under Cayman Islands law, the transfer agent will then update our register of members      
 to reflect all conversions.                                                                                                              |
| Redemption                                                  
 of Public Shares and Liquidation if no business combination |     | We will have until 15 months                                                                                                             
 from the closing of this initial public offering to consummate our initial business combination. If we anticipate that we may be         
 unable to consummate our initial business combination within such period, we may seek shareholder approval to amend our amended and      
 restated memorandum and articles of association to extend the date by which we must consummate our initial business combination.         
 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. If we        
 seek shareholder approval for an extension, our public shareholders will be offered an opportunity to redeem their shares at a per       
 share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest (net of taxes       
 payable), divided by the number of then issued and outstanding public shares, subject to applicable laws. If we are unable to consummate 
 our initial business combination within the 15-month period or such period that may be extended, our post-offering amended and restated  
 memorandum and articles of association provides that we will: (i) cease all operations except for the purpose of winding up; (ii)        
 as promptly as reasonably possible, but not more than ten business days thereafter, redeem the public shares, at a per-share price,      
 payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held         
 in the trust account and not previously released to us to pay our income taxes and less interest to pay dissolution expenses up to       
 $100,000, divided by the number of the then-outstanding public shares, which redemption will completely extinguish public shareholders’  
 rights as shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably   
 possible following such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and