Copley Acquisition Corp EGM to Vote on Business Combination Deadline Extension

Copley Acquisition Corp (COPL) has filed a definitive proxy statement (DEF 14A) announcing an Extraordinary General Meeting (EGM) to be held on October 29, 2026. The primary purpose of the meeting is to vote on proposals to extend the company's deadline to consummate a business combination. The company seeks to extend the deadline from November 2, 2026, to November 2, 2027, through a series of 12 one-month extensions, requiring amendments to its charter and trust agreement. Shareholders will have the opportunity to redeem their shares at approximately $10.61 per share if they do not wish to participate in the extension. The sponsor may fund these extensions via deposits into the trust account in exchange for a promissory note.