Copley Acquisition Corp closes $172.5M SPAC IPO; 17.25M units at $10.00

Copley Acquisition Corp

Gross proceeds $172.5M from 17.25M units; over-allotment fully exercised.
Private placement of 555,893 private units to sponsor for $4.09M.
$173.36M placed in trust; released only upon business combination within 18-24 months or redemption.
Each unit consists of one Class A ordinary share and half a warrant exercisable at $11.50.
Units trade on NYSE as COPLU; shares and warrants to trade separately as COPL and COPLW.

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Key facts

Extracted from this filing and checked against the source text.

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

Copley Acquisition Corp: Adopted Amended and Restated Memorandum and Articles of Association in connection with IPO (effective 2025-04-30).

Change: charter amendment
Effective: 2025-04-30

Exact text from the filing

the Company adopted its Amended and Restated Memorandum and Articles of Association (the “Amended Charter”).

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Copley Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001829126-25-003430

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