Blueport Acquisition Ltd

Blueport Acquisition Ltd is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), incorporated in the Cayman Islands on January 13, 2025. The company's sole purpose is to complete a business combination, such as a merger, share exchange, asset acquisition, share purchase, or reorganization, with one or more businesses or entities. It does not limit its search for a business combination to any specific industry or geographic region. The company completed its initial public offering (IPO) on November 13, 2025, following the registration statement becoming effective on November 10, 2025. The IPO involved the sale of 5,750,000 units, which included 750,000 units from the underwriters' full exercise of their over-allotment option. Each unit was priced at $10.00, generating gross proceeds of $57,500,000. Each unit consists of one Class A ordinary share, with a par value of $0.0001 per share, and one right to receive one-sixth (1/6th) of one Class A ordinary share. Concurrently with the IPO, the company completed a private placement of 197,250 units to Blueport Acquisition Corporation, the Sponsor, a Nevada corporation. These private placement units were also sold at $10.00 per unit, raising total proceeds of $1,972,500. Total transaction costs for these activities amounted to $2,435,201, comprising $862,500 in underwriting commissions paid in cash at the IPO closing, a $1,150,000 deferred underwriting fee, and $422,701 in other offering costs. On the IPO date, $658,177 was held outside of the Trust Account, with $653,177 of this funded by the Sponsor on November 14, 2023, available for specific payments and working capital.