Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 296

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 296
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 the shares of each member and the voting 
 rights of the shares of each member;                                                                                               |

| ● | whether voting rights are attached to the share in issue; |

| ● | the date on which the name of any person was entered on the 
 register as a member; and                                   |

| ● | the date on which any person ceased to be a member. |

Under Cayman Islands law, the
register of members of our company is prima facie evidence of the matters set out therein (i.e. the register of members will raise a
presumption of fact on the matters referred to above unless rebutted) and a member registered in the register of members shall be deemed
as a matter of Cayman Islands law to have legal title to the shares as set against its name in the register of members. Upon the closing
of this offering, the register of members shall be immediately updated to reflect the issue of shares by us. Once our register of members
has been updated, the shareholders recorded in the register of members shall be deemed to have legal title to the shares set against
their name. However, there are certain limited circumstances where an application may be made to a Cayman Islands court for a determination
on whether the register of members reflects the correct legal position. Further, the Cayman Islands court has the power to order that
the register of members maintained by a company should be rectified where it considers that the register of members does not reflect
the correct legal position. If an application for an order for rectification of the register of members were made in respect of our ordinary
shares, then the validity of such shares may be subject to re-examination by a Cayman Islands court.

Preference Shares

Our amended and restated memorandum
and articles of association authorize 1,500,000 preference shares and provide that preference shares may be issued from time to time
in one or more series. Our board of directors will be authorized to fix the voting rights, if any, designations, powers, preferences,
the relative, participating, optional or other special rights and any qualifications, limitations and restrictions thereof, applicable
to the preference shares of each series. Our board of directors will be able to, without shareholder approval, issue preference shares
with voting and other rights that could adversely affect the voting power and other rights of the holders of the ordinary shares and
could have anti-takeover effects. The ability of our board of directors to issue preference shares without shareholder approval could
have the effect of delaying,