Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 306

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 306
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 the United States District Court for the Southern District of New York as the sole and exclusive forum for certain types
of actions and proceedings that may be initiated by holders of our warrants, which could limit the ability of warrant holders to obtain
a favorable judicial forum for disputes with our company.” This provision applies to claims under the Securities Act but does not
apply to claims under the Exchange Act or any claim for which the federal district courts of the United States of America are the sole
and exclusive forum.

Placement Warrants

Except as described below, the
placement warrants have terms and provisions that are identical to those of the warrants being sold as part of the units in this offering.
The placement warrants (including the Class A ordinary shares issuable upon exercise of the placement warrants) will not be transferable,
assignable or salable until 30 days after the completion of our initial business combination (except pursuant to limited exceptions as
described under “Principal Shareholders — Transfers of Founder Shares and Placement Units,” to our officers and directors
and other persons or entities affiliated with the initial purchasers of the placement units). The placement warrants will not be redeemable
by us and may be exercised on a cashless basis. All modifications or amendments to the placement warrants or the warrant agreement related
to the placement warrants, including any modification or amendment to increase the warrant price or shorten the exercise period, shall
require (including, for the avoidance of doubt, the forfeiture or cancellation of any placement warrants) 50% of the number of then outstanding
placement warrants.

Dividends

We have not paid any cash dividends
on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination. A
Cayman Islands company may pay a dividend on its shares out of profits, the share premium account or other funds of the company lawfully
available therefor, provided that in no circumstances may a dividend be paid if following such payment the company would be unable to
pay its debts as they fall due in the ordinary course of business. The payment of cash dividends following completion of our initial
business combination will be within the discretion of our board of directors at such time and will be dependent upon our revenues and
earnings, if any, capital requirements and general financial condition at such time. There is no certainty we will be in a position to,
or decide to, pay cash dividends after completing any business combination. If we increase or decrease the size of this offering, we
will effect a