Company: BPAC
Filing Date: 2025-06-26
Form Type: S-1
Source: 0001185185-25-000701
Chunk: 52

Company: Blueport Acquisition Ltd
Filing Date: 2025-06-26
Form: S-1
Chunk 52
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 not be afforded the benefits or protections of those rules which would, for example, completely restrict the transferability of our
securities, restrict the use of interest earned on the funds held in the trust account and require us to complete a business combination
within 15 months from the closing of the offering (subject to shareholder approval, there are no limitations as to the duration of an
extension or the number of times the completion window may be extended by shareholders via an amendment to our amended and restated memorandum
and articles of association). Because we are not subject to Rule 419, our units will be immediately tradable, we will be entitled to withdraw
amounts from the funds held in the trust account prior to the completion of a business combination and we may have more time to complete
an initial business combination. For a more detailed comparison of this offering to offerings that comply with Rule 419, see “Proposed Business—Comparison to Offerings of Blank Check Companies Subject to Rule 419.”

We may issue additional ordinary or preferred shares or debt securities to complete a business combination or under an employee incentive plan after completion of our initial business combination, which would reduce the equity interest of our shareholders and likely cause a change in control of our ownership.

Our post-offering amended and restated memorandum and articles of association will authorize the issuance of 450,000,000 Class A Ordinary Shares of par value $0.0001 each and 50,000,000 Class B Ordinary Shares of par value $0.0001 each.

Although we have no commitment as of the date of this offering, we may issue a substantial number of additional ordinary shares or preferred shares or debt securities, or a combination thereof, to complete a business combination. The issuance of additional ordinary shares or preferred shares:

| ● | may                                                                     
 significantly reduce the equity interest of investors in this offering; |

| ● | may                                                                                           
 subordinate the rights of holders of ordinary shares if we issue preferred shares with rights 
 senior to those afforded to our ordinary shares;                                              |

| ● | may                                                                                        
 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; |

| ● | may                                                                                       
 have the effect of delaying or preventing a change of control of us by diluting the stock 
 ownership or voting rights of a person seeking to obtain control of us; and