Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 158

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 158
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 business combination. Such     
 units would be identical to the private placement units. Except for the foregoing, the terms of such loans, if any, have not been determined 
 and no written agreements exist with respect to such loans.                                                                                  
 Services in connection with identifying, investigating and completing an initial business combination                                        |

Because our sponsor acquired the
Class B ordinary shares at a nominal price (approximately $0.017 per share), our public shareholders will incur immediate and substantial
dilution upon the closing of this offering, assuming no value is ascribed to the rights included in the units. Further, the Class A ordinary
shares issuable in connection with the conversion of the initial shares may result in material dilution to our public shareholders due
to the anti-dilution rights of our initial shares that may result in an issuance of Class A ordinary shares on a greater than one-to-one
basis upon conversion. See the sections titled “Risk Factors — “The nominal purchase price paid by our sponsor for the
initial shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business
combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business
combination, even if the business combination causes the trading price of our ordinary shares to materially decline” and “Dilution.”
Additionally, upon consummation of our initial business combination, we will reimburse an affiliate of our sponsor in an amount equal
to $10,000 per month for office space, utilities and secretarial and administrative support made available to us, as described elsewhere
in this prospectus (if we do not consummate an initial business combination, any accrued and unpaid amounts shall be forgiven). If our
initial shareholders, officers and directors or their affiliates make any working capital loans, they may choose to convert up to $1,500,000
of such loans into up to an additional 150,000 private placement units, at the price of $10.00 per unit upon consummation of our business
combination. To the extent any working capital loans are converted into units, the issuance of additional Class A ordinary shares underlying
these units could result in a material dilution to the equity interests of our public shareholders. Any such issuance will increase the
number of issued and outstanding Class A ordinary shares and reduce the value of the Class A ordinary shares issued to complete the business
combination.

The Class B ordinary shares will
automatically convert into Class