---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-010994"
form_type: "8-K"
ticker: "COPL"
cik: "0002045473"
company_name: "Copley Acquisition Corp"
filed_at: "2026-10-09T21:00:17+00:00"
generated_at: "2026-10-12T15:01:52.617586+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Copley Acquisition raises sponsor convertible note cap to $900K; $441,609 outstanding, $7.00/unit conversion

## Summary
- Amended and restated convertible promissory note issued to Copley Acquisition Sponsors LLC on Oct 6, 2026 raises maximum aggregate principal from $450,000 to $900,000; note bears no interest.
- Sponsor may convert outstanding amounts into units at $7.00 per unit; each unit is one ordinary share plus one-half warrant, with whole warrants exercisable at $11.50 per Class A share.
- Schedule A shows $441,608.97 outstanding: $146,608.97 rolled forward from the June 12, 2025 note plus a $295,000 working capital advance drawn April 10, 2026.
- Principal due on the earlier of business combination consummation or COPL's liquidation; advances up to $900,000 are for working capital, and Sponsor waived all claims against the IPO trust account.

## SEC filing metadata
- accession: 0001829126-26-010994
- form_type: 8-K
- ticker: COPL
- cik: 0002045473
- company_name: Copley Acquisition Corp
- filed_at: 2026-10-09T21:00:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2045473/000182912626010994/0001829126-26-010994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2045473/000182912626010994/copleyacq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-010994
- JSON: https://secwatch.observer/filing/0001829126-26-010994.json
- Plain text: https://secwatch.observer/filing/0001829126-26-010994.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.