Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 131

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 131
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. We believe that target businesses will favor this alternative, which
we believe is less expensive, while offering greater certainty of execution than a traditional initial public offering. During an initial
public offering, there are typically expenses incurred in marketing, which would be costlier than a business combination with us. Furthermore,
once a proposed business combination is approved by our shareholders (if applicable) and the transaction is consummated, the target business
will have effectively become public, whereas an initial public offering is always subject to the underwriters’ ability to complete
the offering, as well as general market conditions that could prevent the offering from occurring. Once public, we believe the target
business would have greater access to capital and additional means of creating management incentives that are better aligned with shareholders’
interests than it would as a private company. It can offer further benefits by augmenting a company’s profile among potential new
customers and vendors and aid in attracting talented management.

Strong Financial Position and Flexibility

With the funds held in our trust
account, we offer a target business a variety of options such as creating a liquidity event for its owners, providing capital for the
potential growth and expansion of its operations or strengthening its balance sheet by reducing its debt ratio. Because we are able to
complete our initial business combination using our cash, debt or equity securities, or a combination of the foregoing, we have the flexibility
to use the most efficient combination that will allow us to tailor the consideration to be paid to the target business to fit its needs
and desires. However, we have not taken any steps to secure third-party financing, and there can be no assurance it will be available
to us.

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Effecting a Business Combination

General

We are not presently engaged in,
and we will not engage in, any substantive commercial business for an indefinite period of time following this offering. We intend to
utilize cash derived from the proceeds of this offering and the private placement of private units, our share capital, debt or a combination
of these in effecting a business combination. Although substantially all of the net proceeds of this offering and the private placement
of private units are intended to be applied generally toward effecting a business combination as described in this prospectus, the proceeds
are not otherwise being designated for any more specific purposes. Accordingly, investors in this offering are investing without first
having an opportunity to evaluate the specific merits or risks of any one or more business combinations. A business combination may involve