Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 110

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 110
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.S. securities laws, it is uncertain whether such judgments would be enforceable in the Cayman Islands. We have been further advised that although there is no statutory enforcement in the Cayman Islands of judgments obtained in the United States, a judgment obtained in such jurisdiction will be recognized and enforced in the courts of the Cayman Islands at common law, without any re-examination of the merits of the underlying dispute, by an action commenced on the foreign judgment debt in the Grand Court of the Cayman Islands, provided such judgment:

| ● | is given by a foreign court 
 of competent jurisdiction;  |

| ● | imposes on the judgment                                                           
 debtor a liability to pay a liquidated sum for which the judgment has been given; |

| ● | is final; |

| ● | is not in respect of taxes, 
 a fine or a penalty;        |

| ● | was not obtained by fraud; 
 and                        |

| ● | is not of a kind the enforcement                                                    
 of which is contrary to natural justice or the public policy of the Cayman Islands. |

Subject to the above limitations, in appropriate circumstances, a Cayman Islands court may give effect in the Cayman Islands to other kinds of final foreign judgments such as declaratory orders, orders for performance of contracts and injunctions.

As a result of all of the above, public shareholders may have more difficulty in protecting their interests in the face of actions taken against the management, members of the board of directors or controlling shareholders than they would as public shareholders of a United States-incorporated company.

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USE OF PROCEEDS</div>

We estimate that the net proceeds of this offering, together with the funds we will receive from the sale of the private units, will be as set forth in the following table:

| Gross proceeds                                                                                                                                                                                                       |     | Without   
 Over-     
 Allotment 
 Option    |            |     | Over-     
 Allotment 
 Option    
 Exercised |            |   |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:----------|-----------:|:----|:----------|-----------:|:--|
| From offering                                                                                                                                                                                                        |     | $         | 50,000,000 |     | $         | 57,500,000 |   |
| From private placement                                                                                                                                                                                               |     |           |  1,860,000 |     |           |  1,972,500 |   |
| Total gross proceeds                                                                                                                                                                                                 |     | $         |