secwatch.observer — SEC 8-K summary
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Issuer:     Copley Acquisition Corp (COPL)
CIK:        0002045473
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001829126-25-003430
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2045473/000182912625003430/0001829126-25-003430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2045473/000182912625003430/copleyacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-003430

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer