Company: BPAC
Filing Date: 2025-05-16
Form Type: DRS/A
Source: 0001185185-25-000502
Chunk: 229

Company: Blueport Acquisition Ltd
Filing Date: 2025-05-16
Form: DRS/A
Chunk 229
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 equity and debt offering, including all equity linked financings, during such nine-month period for the Company, or any successor to or any subsidiary of the Company, on terms customary to the A.G.P. A.G.P. shall have the sole right to determine whether or not any other broker dealer shall have the right to participate in any such offering and the economic terms of any such participation. Pursuant to FINRA Rule 5110(g)(6)(A), this right of first refusal shall not have a duration of more than three years from the commencement of sales of this offering.

Stabilization

In connection with the offering, the underwriters may purchase and sell units in the open market. Purchases and sales in the open market may include short sales, purchases to cover short positions, which may include purchases pursuant to the over-allotment option and stabilizing purchases, in accordance with Regulation M under the Exchange Act.

| ● | Short                                                                                      
 sales involve secondary market sales by the underwriters of a greater number of units than 
 it is required to purchase in the offering.                                                |

| ● | “Covered”                                                                                
 short sales are sales of units in an amount up to the number of units represented by the 
 underwriters’ over-allotment option.                                                     |

| ● | “Naked”                                                                                  
 short sales are sales of units in an amount in excess of the number of units represented 
 by the underwriters’ over-allotment option.                                              |

| ● | Covering                                                                                     
 transactions involve purchases of units either pursuant to the over-allotment option or in   
 the open market after the distribution has been completed in order to cover short positions. |

| ● | To                                                                                          
 close a naked short position, the underwriters must purchase units in the open market after 
 the distribution has been completed. A naked short position is more likely to be created    
 if the underwriters are concerned that there may be downward pressure on the price of the   
 units in the open market after pricing that could adversely affect investors who purchase   
 in the offering.                                                                            |

| ● | To                                                                                             
 close a covered short position, the underwriters must purchase units in the open market after  
 the distribution has been completed or must exercise the over-allotment option. In determining 
 the source of units to close the covered short position, the underwriters will consider,       
 among other things, the price of units available for purchase in the open market as compared   
 to the price at which they may purchase units through the over-allot