Copley Acquisition Corp filed a Form 8-K on October 30, 2026, disclosing that its extraordinary general meeting of shareholders, originally scheduled for October 29, 2026, was adjourned to November 2, 2026, and announcing revised trust account contribution terms from its sponsor.

Key Highlights

  • Meeting adjourned: The extraordinary general meeting, originally set for 11:00 a.m. Eastern time on October 29, 2026, was adjourned to 11:00 a.m. Eastern time on November 2, 2026.
  • Extension proposals on the ballot: Shareholders are being asked to approve amendments permitting up to 12 one-month extensions of the deadline to complete an initial business combination, from November 2, 2026 to November 2, 2027.
  • Revised sponsor contribution: The sponsor, Copley Acquisition Sponsors, LLC, increased its per-month contribution to the trust account from $150,000 to $200,000 for each one-month extension during the extension period.
  • Dissolution expense waiver: The company agreed to waive its right to withdraw up to $100,000 of trust account interest to cover dissolution expenses upon liquidation.
  • Tax expense waiver: The company also agreed to waive its right to withdraw trust account interest to pay future tax expenses.
  • Record date: Only holders of ordinary shares as of the close of business on October 19, 2026 are entitled to vote at the extraordinary general meeting.

Copley Acquisition Corp Revises Trust Terms Ahead of Rescheduled Shareholder Vote

Copley Acquisition Corp (NYSE:COPL), a blank-check company incorporated in the Cayman Islands with principal offices in Hong Kong, announced the adjournment of its extraordinary general meeting of shareholders in an 8-K filed October 30, 2026. According to the filing, the adjournment was granted to allow shareholders who had previously voted against the extension proposals time to reverse those votes before the meeting reconvenes on November 2, 2026, in person at the offices of Winston Taylor LLP, 800 Capitol St., Suite 2400, Houston, Texas 77002, and virtually via live webcast.

The filing disclosed that the company's sponsor, Copley Acquisition Sponsors, LLC, revised its intended cash contribution to the trust account. The original contribution amount was $150,000 per one-month extension; under the revised terms, the sponsor and its designees have agreed to contribute $200,000 for each one-month extension during the extension period, which runs from November 2, 2026 through November 2, 2027. The filing stated that each revised contribution amount will be deposited in the trust account two days prior to the applicable one-month extension, and all funds in the trust account will be held in an interest-bearing demand deposit account at a bank.

In addition to the revised contribution, the company disclosed two separate waivers. First, it agreed to forgo its right to withdraw up to $100,000 of trust account interest for dissolution expenses should the company liquidate prior to completing a business combination. Second, the company agreed to waive its right to withdraw trust account interest to pay future tax expenses. According to the filing, both waivers mean the relevant interest will remain in the trust account until the completion of an initial business combination, the redemption of 100% of the offering shares, or a shareholder vote to amend certain articles provisions, whichever occurs earliest. The filing noted that a revised version of Annex A to the proxy statement is included as exhibit 99.1.

What Was Disclosed

Copley Acquisition Corp disclosed the adjournment of its extraordinary general meeting from October 29 to November 2, 2026, an increase in the sponsor's monthly trust contribution from $150,000 to $200,000, and waivers of its rights to withdraw trust account interest for dissolution and tax expenses.