Copley Acquisition Corp is a blank check company (SPAC) incorporated on November 26, 2024, with the objective of effecting a business combination. The company intends to focus its search on technology and lifestyle sectors within the Asia Pacific (excluding PRC) and North American regions. An Initial Public Offering (IPO) was consummated on May 2, 2025, raising gross proceeds of $172,500,000 from units and $4,093,750 from private placement units. As of December 31, 2025, the trust account held $177,971,442, primarily invested in U.S. government securities. The company reported a net income of $4,133,810 for the year ended December 31, 2025, largely due to dividends earned on trust account investments. As of December 31, 2025, the company had cash of $67,568 and a working capital deficit of $78,092. Management has identified a 'going concern' issue, stating that the company lacks the financial resources to sustain operations for a reasonable period (one year from the financial statements' issuance date). The company must complete an initial business combination within 18 months from its IPO (May 2, 2025), with two possible three-month extensions, for a total completion window of up to 24 months. The Sponsor, Copley Acquisition Sponsors, LLC, has provided working capital loans and may provide additional financing to support operations or transaction costs.