Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 197

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 197
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 completely extinguish public shareholders’ rights as shareholders (including the right to receive
further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption,
subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject in each case to our
obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. Our sponsor, officers
and directors will enter into a letter agreement with us, pursuant to which they will agree to (i) waive their redemption rights with
respect to their initial shares, private shares and public shares in connection with the completion of our initial business combination;
(ii) waive their redemption rights with respect to their initial shares, private shares and public shares in connection with a shareholder
vote to approve an amendment to 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
have not consummated an initial business combination within the completion window or (b) with respect to any other material provisions
relating to shareholders’ rights or pre-initial business combination activity; (iii) waive their rights to liquidating distributions
from the trust account with respect to their initial shares and private shares if we fail to complete our initial business combination
within the completion window, although they will be entitled to liquidating distributions from the trust account with respect to any public
shares they hold if we fail to complete our initial business combination within the prescribed time frame; and (iv) vote any initial shares
and private shares held by them 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 approving our initial business combination.

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In the event of a liquidation,
dissolution or winding up of the company after a business combination, our shareholders are entitled to share ratably in all assets remaining
available for distribution to them after payment of liabilities and after provision is made for each class of shares, if any, having preference
over the ordinary shares. Our shareholders have no preemptive or other subscription rights. There are no sinking fund provisions applicable
to the ordinary shares, except