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Blueport Acquisition Ltd Prices $50 Million Initial Public Offering

1. Blueport Acquisition priced its IPO at $10 per unit. 2. 5 million units will trade under the symbol 'BPACU' on Nasdaq. 3. The offering includes rights to receive additional shares after a business combination. 4. IPO expected to close on November 13, 2025, pending customary conditions. 5. Underwriters have a 45-day option for additional purchases, totaling 750,000 units.

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Why Bullish?

The pricing of the IPO and its launch on Nasdaq signal investor interest and potential growth. Historical IPOS without major red flags tend to experience upward price movement, especially in the initial trading days.

How important is it?

The IPO implies significant market engagement and capital influx, indicating strong investor sentiment. Interest in BPACU correlates with growth opportunities through future business combinations.

Why Short Term?

Initial public offerings typically influence stock price positively in the short term as demand spikes. M&A activity or business combination announcements following the IPO further boost this outlook.

Related Companies

BPACBPACR
November 11, 2025 18:45 ET  | Source: Blueport Acquisition NEW YORK, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Blueport Acquisition Ltd, a blank check company incorporated in the Cayman Islands as an exempted company (the “Company”), today announced the pricing of its initial public offering (“IPO”) of 5,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-sixth (1/6) of one Class A ordinary share upon the consummation of an initial business combination. The units are expected to trade on The Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “BPACU” beginning November 12, 2025. The Company expects the IPO to close on November 13, 2025, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the rights are expected to be traded on Nasdaq under the symbols “BPAC” and “BPACR,” respectively. A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to 750,000 units at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any. Loeb & Loeb LLP is serving as legal counsel to the Company and McDermott Will & Schulte LLP is serving as legal counsel to A.G.P./Alliance Global Partners in the offering. A registration statement on Form S-1 relating to the securities (File No. 333-288356) was previously filed with the Securities and Exchange Commission ("SEC") and became automatically effective on November 10, 2025 pursuant to Section 8(a) of the Securities Act of 1933, as amended. This offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the final prospectus, when available, may be obtained on the SEC’s website at http://www.sec.gov. Electronic copies of the final prospectus, when available, may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Blueport Acquisition Ltd The Company is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to conduct a search for target businesses without being limited by a particular industry. The Company is led by Mr. William Rosenstadt, the Company’s Chief Executive Officer, and Mr. Kulwant Sandher, the Company’s Chief Financial Officer. Forward-Looking Statements This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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