Company: BPAC
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001185185-25-000273
Chunk: 188

Company: Blueport Acquisition Ltd
Filing Date: 2025-04-09
Form: DRS
Chunk 188
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 association and will have the discretion to vote in any manner it chooses. Specifically, our post-offering amended and restated memorandum and articles of association provide, among other things, that:

| ● | if                                                                                                
 we are unable to complete our initial business combination within 15 months from the closing      
 of this initial public offering, we will (i) cease all operations except for the purpose          
 of winding up, (ii) as promptly as reasonably possible but not more than ten business days        
 thereafter, subject to lawfully available funds therefor, redeem 100% of the public shares,       
 at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the       
 trust account, including interest (net of taxes payable and less interest to pay dissolution      
 expenses up to $100,000) divided by the number of then issued and outstanding public shares,      
 which redemption will completely extinguish public shareholders’ rights as shareholders           
 (including the right to receive further liquidation distributions, if any), subject to applicable 
 law, and (iii) as promptly as reasonably possible following such redemption, subject to the       
 approval of our remaining shareholders and our board of directors, liquidate and dissolve;        |

| ● | prior                                                                                       
 to our initial business combination, we may not issue additional ordinary shares that would 
 entitle the holders thereof to (i) receive funds from the trust account or (ii) vote on any 
 initial business combination;                                                               |

| ● | although                                                                                        
 we do not intend to enter into a business combination with a target business that is affiliated 
 with our sponsor, our directors or our officers, we are not prohibited from doing so. In        
 the event we enter into such a transaction, we, or a committee of independent directors,        
 will obtain an opinion from (i) an independent investment banking firm or another independent   
 firm that commonly renders valuation opinions for the type of company we are seeking to acquire 
 or an independent accounting firm, that such a business combination is fair to our company      
 from a financial point of view; and (ii) the approval of a majority of disinterested and        
 independent directors (as the case may be at relevant time);                                    |

| ● | if                                                                                              
 a shareholder vote on our initial business combination is not required by law and we do not     
 decide to hold a shareholder vote for business or other legal reasons, we will offer to redeem  
 our public shares pursuant to Rule 13e-4 and Regulation 14E of the Exchange Act, and