secwatch.observer — SEC 8-K summary
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Issuer:     Blueport Acquisition Ltd (BPAC)
CIK:        0002064177
Form:       8-K
Filed at:   2025-11-19T23:59:59+00:00
Accession:  0001185185-25-001804
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blueport Acquisition closes IPO of 5.75M units at $10/unit, raises $57.5M
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- IPO of 5,750,000 units at $10.00/unit closed Nov 13, 2025; underwriters' over-allotment fully exercised.
- Gross proceeds of $57.5M from IPO and $1.97M private placement deposited in trust account.
- Audited balance sheet shows $57.5M in trust, $1.15M deferred underwriting fee, $4.23M shareholders' equity.
- Auditor raises substantial doubt about going concern; limited cash and 15-month deadline to complete business combination by Feb 13, 2027.
- Company has 15 months from IPO closing to consummate initial business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2064177/000118518525001804/0001185185-25-001804-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2064177/000118518525001804/bpac8k111625.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-001804

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