Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 39

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 39
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 similar business activities or lines of business as us; and (ii) we renounce any interest or expectancy
in, or in being offered an opportunity to participate in, any potential transaction or matter which (a) may be a corporate opportunity
for any director or officer, on the one hand, and us, on the other unless such opportunity is expressly offered to such director or officer
in their capacity as a director or officer of the company and the opportunity is one the company is legally and contractually permitted
to undertake and would otherwise be reasonable for the company to pursue or (b) the presentation of which would breach an existing legal
obligation of a director or officer to any other entity. We do not believe, however, that any fiduciary duties or contractual obligations
of our directors or officers would materially undermine our ability to complete our business combination.

In addition, our sponsor,
officers and directors may participate in the formation of, or become an officer or director of, any other blank check company prior
to completion of our initial business combination. As a result, our sponsor, officers or directors could have conflicts of interest in
determining whether to present business combination opportunities to us or to any other blank check company with which they may become
involved. Although we have no formal policy in place for vetting potential conflicts of interest, our board of directors will review
any potential conflicts of interest on a case-by-case basis.

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Sponsor Information Our sponsor is a Delaware limited liability company, which was formed to invest in our company. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. Tok Li is the sole manager of the sponsor and holds voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Some of our officers and directors have indirect ownership interests in our sponsor. Messrs. Ng, Tang, Zhang, Chu and Guan each independently own 20% of a holding vehicle which, through our sponsor, indirectly owns 312,500 of the placement units (or up to 351,875 to the extent the underwriters exercise their over-allotment option in full) and 4,000,000 of the founder shares (or up to 4,750,000 to the extent the underwriters exercise their over-allotment option in full). In addition, our independent directors may receive for their services as