Copley Acquisition Corp Begins Separate Trading of Shares and Warrants

Deal News | May 22, 2025 | EIN

Copley Acquisition Corp Begins Separate Trading of Shares and Warrants

Copley Acquisition Corp, a blank check company incorporated under Cayman Islands law, is set to commence the separate trading of its Class A ordinary shares and warrants from June 2, 2025. This follows its initial public offering of 17,250,000 units, including overallotment options, completed on May 2, 2025. Unseparated units will continue trading under the symbol 'COPLU' on the NYSE, while separated shares and warrants will trade under 'COPL' and 'COPLW' respectively. The company aims to pursue a business merger or similar transaction. The registration for these securities was declared effective on April 30, 2025, under the Securities Act of 1933. The press release includes forward-looking statements about the company's plans but notes these are subject to various conditions, with updates only provided as required by law.

Sectors

  • Financial Services
  • Investment Banking

Geography

  • Hong Kong – The location of Copley Acquisition Corp's office as per the contact information provided.
  • Cayman Islands – The legal incorporation location of Copley Acquisition Corp as an exempted company under Cayman Islands law.
  • United States – The location of the New York Stock Exchange where Copley Acquisition Corp's securities are being traded.

Industry

  • Financial Services – This involves the management and coordination of financial risk and operations within investment firms, including IPOs and securities trading.
  • Investment Banking – Involves activities such as mergers and acquisitions, which is a target objective of Copley Acquisition Corp.

Financials

  • 17,250,000 units – The number of units sold in Copley Acquisition Corp's initial public offering, including the overallotment option.

Participants

NameRoleTypeDescription
Copley Acquisition CorpTarget CompanyCompanyA blank check company seeking to undertake a merger or similar business combination, trading on the NYSE.
Continental Stock Transfer & Trust CompanyTransfer AgentCompanyThe entity responsible for the separation of units into Class A ordinary shares and warrants.
Securities and Exchange Commission (SEC)GovernmentGovernmentThe U.S. federal agency with which Copley Acquisition Corp filed its registration statement for the initial public offering.