Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 135

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 135
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 of association, including in certain circumstances in which we issue Class A ordinary shares or equity-linked securities related to our initial business combination. Immediately after this offering, there will be no preference shares issued and outstanding.

We may issue a substantial number of additional Class A ordinary shares, and may issue preference shares, in order to complete our initial business combination or under an employee incentive plan after completion of our initial business combination. We may also issue Class A ordinary shares upon conversion of the Class B ordinary shares at a ratio greater than one-to-one at the time of our initial business combination as a result of the anti-dilution provisions contained in our amended and restated memorandum and articles of association. However, our amended and restated memorandum and articles of association provide, among other things, that prior to our initial business combination, except in connection with the conversion of Class B ordinary shares into Class A ordinary shares where the holders of such shares have waived any rights to receive funds from the trust account, we may not issue additional shares that would entitle the holders thereof to (i) receive funds from the trust account or (ii) vote as a class with the public shares on any initial business combination. These provisions of our amended and restated memorandum and articles of association, like all provisions of our amended and restated memorandum and articles of association, may be amended with a shareholder vote. The issuance of additional ordinary shares or preference shares:

| ● | may                                                                                                                                   
 significantly dilute the equity interest of investors in this offering, which dilution would increase if the anti-dilution provisions 
 in the Class B ordinary shares resulted in the issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion 
 of the Class B ordinary shares;                                                                                                       |

| ● | may                                                                                                                                    
 subordinate the rights of holders of ordinary shares if preference shares are issued with rights senior to those afforded our ordinary 
 shares;                                                                                                                                |

| ● | could                                                                                                                              
 cause a change in control if a substantial number of ordinary shares are issued, which may affect, among other things, our ability 
 to use our net operating loss carry forwards, if any, and could result in the resignation or removal of our present officers and   
 directors; and                                                                                                                     |

| ● | may                                                                                               
 adversely affect prevailing market prices for our units, Class A ordinary shares and/or warrants. |

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The grant of registration rights to our initial holders and holders of placement units may make it more difficult to complete our initial business combination, and the