Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 237

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 237
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 of association contain a provision
which provides that, if we seek to amend our amended and restated memorandum and articles of association (A) to modify the substance
or timing of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares
if we do not complete our initial business combination within the completion window or (B) with respect to any other material provision
relating to the rights of holders of Class A ordinary shares or pre-initial business combination activity, we will provide public shareholders
with the opportunity to redeem their public shares in connection with any such amendment. Specifically, our amended and restated memorandum
and articles of association provide, among other things, that:

| ● | prior to the consummation of our initial business combination,                                                                         
 we shall either (1) seek shareholder approval of our initial business combination at a general meeting called for such purpose at      
 which public shareholders may seek to redeem their public shares, regardless of whether they vote for or against the proposed business 
 combination or if they vote at all, into their pro rata share of the aggregate amount then on deposit in the trust account, including  
 interest (which interest shall be net of taxes payable) or (2) provide our public shareholders with the opportunity to tender their    
 shares to us by means of a tender offer (and thereby avoid the need for a shareholder vote) for an amount equal to their pro rata      
 share of the aggregate amount then on deposit in the trust account, including interest (which interest shall be net of taxes payable)  
 in each case subject to the limitations described herein;                                                                              |

| ● | if we seek shareholder approval, we will consummate our initial                                                                     
 business combination only if we obtain the approval of an ordinary resolution under Cayman Islands law and our amended and restated 
 memorandum and articles of association;                                                                                             |

| ● | if our initial business combination is not consummated within                                                                           
 the completion window, then our existence will terminate and we will distribute all amounts in the trust account, subject to applicable 
 law; and                                                                                                                                |

| ● | prior to our initial business combination, we may not issue                                                                       
 additional shares that would entitle the holders thereof to (i) receive funds from the trust account or (ii) vote as a class with 
 the public shares on any initial business combination.                                                                            |

These provisions cannot be amended
without the approval of a special resolution under Cayman Islands law and our amended and restated memorandum and articles of association