Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 57

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 57
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 The non-managing sponsor investors                                                                                                     
 are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be       
 issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the      
 sponsor, including the founder shares and the private units held by the sponsor. Further, the non-managing sponsor investors are       
 not required to (i) hold any units, public shares or public warrants they may purchase in this offering or thereafter for any amount   
 of time, (ii) vote any public shares they may own at the applicable time in favor of our initial business combination or (iii) refrain 
 from exercising their right to redeem their public shares at the time of our initial business combination. The non-managing sponsor    
 investors will have the same rights to the funds held in the trust account with respect to the public shares comprising part of the    
 units they may purchase in this offering as the rights afforded to our other public shareholders. However, if the non-managing sponsor 
 investors purchase all of the units for which they have expressed to us an interest in purchasing or otherwise hold a substantial      
 number of our units, then the non-managing sponsor investors will potentially have different interests than our other public           
 shareholders in approving our initial business combination and otherwise exercising their rights as public shareholders because of     
 their indirect ownership of founder shares as further discussed in this prospectus. Any trading decisions made by any of the foregoing 
 entities will be made by them based on market conditions at the time of the proposed sale or redemption. Clear Street’s affiliates     
 will not become non-managing sponsor investors or receive any economic or other interest in the sponsor.                               |

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| Proceeds                    
 to be held in trust account |     | Of                                                                                                
 the $153,875,000 in proceeds we will receive from this offering and the sale of the placement     
 units described in this prospectus, or $176,768,750 if the underwriter’s over-allotment           
 option is exercised in full, $150,750,000 ($10.05 per unit), or $173,362,500 ($10.05 per          
 unit) if the underwriter’s over-allotment option is exercised in full will be deposited           
 into a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company          
 acting as trustee, and $600,000 will be used to pay expenses in connection with the closing       
 of this offering