Copley Acquisition Sponsors, LLC 4
4 · Copley Acquisition Corp · Filed May 5, 2025
Insider Transaction Report
Form 4
Copley Acquisition Sponsors, LLC
10% Owner
Transactions
- Purchase
Private Placement Warrants
2025-05-02+277,946→ 277,946 total→ Class A Ordinary Shares (277,946 underlying) - Purchase
Class A Ordinary Shares
2025-05-02+555,893→ 6,305,893 total
Footnotes (4)
- [F1]Simultaneously with the consummation of Copley Acquisition Corp's (the "Issuer") initial public offering, Copley Acquisition Sponsors LLC purchased555,893 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 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.
- [F4]If the Issuer is unable to complete its initial business combination within the completion window, the Private Placement Warrants will expire worthless.