{"url_path":"/sec/copl/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/2045473/0001829126-26-005499-index.html","accession_number":"0001829126-26-005499","cik":"0002045473","ticker":"COPL","issuer_name":"Copley Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2045473/0001829126-26-005499-index.html","primary_entity_key":"0002045473","primary_entity_name":"Copley Acquisition 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STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n \n\n**FORM 10-Q**\n\n \n\n(Mark One)\n\n☒ **QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the quarterly period ended March 31, 2026\n\n \n\nor\n\n \n\n☐ **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the transition period from ____________ to ____________\n\n \n\nCommission File Number: 001-42622\n\n \n\n**Copley Acquisition Corp**\n\n \n\n****\n\n(Exact name of registrant as specified in its charter)\n\n \n\n**Cayman Islands**\n \n**00-0000000N/A**\n\n(State or other jurisdiction of\nincorporation or organization)\n \n(I.R.S. Employer\nIdentification No.)\n\n \n\n**Suite 4005-4006, 40/F, One Exchange Square**\n\n**8 Connaught Place,****Central, Hong Kong**\n\n \n\n****\n\n(Address of principal executive offices, including zip code)\n\n00000\n\n**+852 2861 3335**\n\n \n\n(Registrant’s telephone number, including area code)\n\n \n\nN/A\n\n \n\n(Former name, former address and former fiscal year, if changed since last report)\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**\n \n**Trading Symbol(s)**\n \n**Name of each exchange on which registered**\n\nUnits, each consisting of one Class A ordinary share and one-half of one redeemable warrant\n \nCOPLU\n \nThe New York Stock Exchange\n\nClass A ordinary shares, par value $0.0001 per share\n \nCOPL\n \nThe New York Stock Exchange\n\nWarrants, each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share\n \nCOPLW\n \nThe New York Stock Exchange\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes   ☐ No\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).  ☒ Yes   ☐ No\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n☐\nAccelerated filer\n☐\n\nNon-accelerated filer\n☒\nSmaller reporting company\n☒\n\n \nEmerging growth company\n☒\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☒ Yes   ☐ No\n\n \n\nAs\nof May 20, 2026, the registrant had a total of 17,978,393 Class A ordinary shares, $0.0001 par value, issued and outstanding\nand 5,750,000 Class B ordinary shares, $0.001 par value, issued and outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**COPLEY ACQUISITION CORP**\n\n \n\n**INDEX TO FORM 10-Q**\n\n \n\n \n \n**PAGE**\n\n[PART I - FINANCIAL INFORMATION](#a_001)\n \n1\n\n[Item 1. Financial Statements](#a_002)\n \n1\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_003)\n \n23\n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#a_004)\n \n28\n\n[Item 4. Controls and Procedures](#a_005)\n \n28\n\n \n \n \n\n[PART II - OTHER INFORMATION](#a_006)\n \n29\n\n[Item 1. Legal Proceedings](#a_007)\n \n29\n\n[Item 1A. Risk Factors](#a_008)\n \n29\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_009)\n \n29\n\n[Item 3. Defaults Upon Senior Securities](#a_010)\n \n29\n\n[Item 4. Mine Safety Disclosure](#a_011)\n \n29\n\n[Item 5. Other Information](#a_012)\n \n29\n\n[Item 6. Exhibits](#a_013)\n \n30\n\n \n \n \n\n[Signatures](#a_014)\n \n31\n\n \n\ni\n\n \n\n \n\n**CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS**\n\n \n\nCertain\nstatements in this Quarterly Report on Form 10-Q are “forward-looking statements” within the meaning of Section 21E\nof the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. All statements contained in\nthis Quarterly Report on Form 10-Q other than statements of historical facts, including statements regarding our future results of\noperations and financial position, our business strategy and plans and our objectives for future operations, are forward-looking\nstatements. The words “believe,” “may,” “will,” “estimate,” “continue,”\n“anticipate,” “intend,” “expect” and similar expressions are intended to identify\nforward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about\nfuture events and financial trends that we believe may affect our financial condition, results of operations, business strategy,\nshort-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a\nnumber of risks, uncertainties and assumptions, including those described in “Risk Factors” of our Prospectus dated\nApril 30, 2025 and in any subsequent filing we make with the SEC, as well as in any documents incorporated by reference that\ndescribe risks and factors that could cause results to differ materially from those projected in these forward-looking\nstatements.\n\n \n\nMoreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this Quarterly Report on Form 10-Q may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements.\n\n \n\nAlthough we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. We are under no duty to update any of these forward-looking statements after completion of this Quarterly Report on Form 10-Q to conform these statements to actual results or revised expectations.\n\n \n\nii\n\n \n\n \n\n**PART I - FINANCIAL INFORMATION**"}