Copley Acquisition Corp entered into Business Combination Agreement with Ignite Proteomics, LLC, Ignite Proteomics Holdings, Inc., and others valued at $150,000,000 (effective 2026-06-10).
“On June 10, 2026, Copley Acquisition Corp, a Cayman Islands exempted company (“ Copley ” or “ SPAC ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”) with Ignite Proteomics, LLC”
Debt Financings
Copley Acquisition Corp incurred convertible notes of $450,000 with Copley Acquisition Sponsors LLC at no interest maturing the earlier of (i) the effective date of a business combination, and (ii) COPL’s liquidation.
“On June 12, 2025, Copley Acquisition Corp (“COPL”) issued an unsecured convertible promissory note in the aggregate principal amount of $450,000 (the “Note”) to Copley Acquisition Sponsors LLC (“Sponsor”). Pursuant to the Note, COPL agreed to repay the outstanding principal amount of the Note on the earlier of (i) the effective date of a business combination, and (ii) COPL’s liquidation (the “Maturity Date”). At any time on or prior to the Maturity Date, Sponsor may elect to convert the outstanding principal balance and interest accrued on the Note into units at a conversion price equal to $7.00 per unit. Each unit consists of one ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share. The terms of such units issued in connection with such conversion shall be identical to the private placement units sold by COPL simultaneously with COPL’s initial public offering that closed May 2, 2025. The Note”
Tsz Chiu Guan resigned as Chief Operating Officer at Copley Acquisition Corp.
“On May 7, 2025, Tsz Chiu Guan, Chief Operating Officer of Copley Acquisition Corp (the “ Company ”), notified the Company of his intent to resign as Chief Operating Officer. On May 13, 2025, Mr. Guan officially resigned.”
Governance Changes
Copley Acquisition Corp: Adopted Amended and Restated Memorandum and Articles of Association in connection with IPO (effective 2025-04-30).
“the Company adopted its Amended and Restated Memorandum and Articles of Association (the “Amended Charter”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.