4//SEC Filing
Li Tok 4
Accession 0001829126-25-003388
CIK 0002045473other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 1:45 PM ET
Size
9.4 KB
Accession
0001829126-25-003388
Insider Transaction Report
Form 4
Li Tok
Chief Legal Officer10% Owner
Transactions
- Purchase
Class A Ordinary Shares
2025-05-02+555,893→ 6,305,893 total(indirect: See footnote) - Purchase
Private Placement Warrants
2025-05-02+277,946→ 277,946 total(indirect: See footnote)→ Class A Ordinary Shares (277,946 underlying)
Footnotes (5)
- [F1]Simultaneously with the consummation of Copley Acquisition Corp's (the "Issuer") initial public offering, Copley Acquisition Sponsors LLC (the "Sponsor") purchased 555,893 Private Placement Units, comprised of (i) one Class A ordinary share and (ii) one-half of one redeemable warrant, at a price of $10.00 per placement unit for the first 67,500 placement units purchased and at a price of $7.00 for each additional placement unit, or $4,093,751 in the aggregate.
- [F2]Includes (i) 555,893 Class A shares underlying the Private Placement Units and (ii) 5,750,000 Class A ordinary shares that shall be issued at the time of the Issuer's initial business combination. The Class B ordinary shares beneficially owned by the Reporting Person include 750,000 Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.
- [F3]The Class A Ordinary Shares and Private Placement Warrants are held directly by the Sponsor. Tok Li is the sole managing member of the Sponsor and has sole voting and investment discretion with respect to the Class A Ordinary Shares and Private Placement Warrants held of record by the Sponsor. Tok Li disclaims any beneficial ownership of any Class A ordinary shares or Private Placement Warrants held by the Sponsor except to the extent of his respective pecuniary interest therein.
- [F4]The Private Placement Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination. The exercise price of the Private Placement Warrants is $11.50 per Class A ordinary share.
- [F5]If the Issuer is unable to complete its initial business combination within the completion window, the Private Placement Warrants will expire worthless.
Documents
Issuer
Copley Acquisition Corp
CIK 0002045473
Entity typeother
Related Parties
1- filerCIK 0002047360
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 1:45 PM ET
- Size
- 9.4 KB