Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 32

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 32
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 some pro rata portion of his, her or its shares. If enough shareholders tender their shares so that we are unable          
 to satisfy any applicable closing condition set forth in the definitive agreement related to our initial business combination, we             
 will not consummate such initial business combination. The decision as to whether we will seek shareholder approval of a proposed             
 business combination or will allow shareholders to sell their shares to us in a tender offer will be made by us based on a variety            
 of factors such as the timing of the transaction, or whether the terms of the transaction would otherwise require us to seek shareholder      
 approval. If we so choose and we are legally permitted to do so, we will have the flexibility to avoid a shareholder vote and allow           
 our shareholders to sell their shares pursuant to Rule 13e-4 and Regulation 14E of the Exchange Act, which regulate issuer tender             
 offers. In that case, we will file tender offer documents with the SEC which will contain substantially the same financial and other          
 information about the initial business combination as is required under the SEC’s proxy rules. If we seek shareholder approval,               
 we will consummate our initial business combination only if a majority of the issued and outstanding ordinary shares voted are voted          
 in favor of the business combination.                                                                                                         |

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|                                                                |     | If we seek shareholder approval                                                                                                             
 in connection with our initial business combination, our sponsor, officers and directors have agreed to vote their initial shares           
 and any public shares purchased during or after this offering (including in open market and privately-negotiated transactions, aside        
 from shares they may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted            
 in favor of our initial business combination. As a result, if we sought shareholder approval of a proposed transaction, which would         
 require a simple majority of votes (assuming the underwriters do not exercise their over-allotment option), we could need as little         
 as 2,438,001 of our public shares (or approximately 35.36% of our public shares) to be voted in favor of the transaction in order           
 to have such transaction approved (assuming that all issued and outstanding shares are voted, that the over-allotment option is not         
 exercised, and that the insiders do not purchase any units in this offering or units or shares in the after-market). Assuming that          
 only the holders of one-third of our issued and outstanding ordinary shares, representing a quorum under