Blueport closes $57.5M SPAC IPO with full over-allotment; $57.5M in trust

Blueport Acquisition Ltd

Closed IPO of 5.75M units at $10/unit, gross proceeds $57.5M, including full exercise of over-allotment.
Private placement of 197,250 units to sponsor for $1.97M completed simultaneously.
Appointed three independent directors: Yarona Yieh, Scott Silverman, Steven Sanders; committee chairs set.
Total $57.5M from IPO and private placement deposited into trust account for future business combination.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Blueport Acquisition Ltd issued 197,250 units of unit to the Sponsor for $10.00 per Private Unit, generating total proceeds of $1,972,500.

Security: unit
Shares: 197,250 units
Purchaser: the Sponsor
Consideration: $10.00 per Private Unit, generating total proceeds of $1,972,500

Exact text from the filing

the Company consummated a private placement (the “Private Placement”) of an aggregate of 197,250 units (the “Private Units”) to the Sponsor, at a price of $10.00 per Private Unit, generating total proceeds of $1,972,500.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Blueport Acquisition Ltd: Adoption of Amended and Restated Memorandum and Articles of Association in connection with the IPO.

Change: charter amendment

Exact text from the filing

In connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association.

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226 equity issuances filed in the last 30 days. Browse all equity issuances →

Blueport Acquisition Ltd filing history →

Source: SEC EDGAR

accession 0001185185-25-001705

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