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Nov 11, 2025 8:00 PM

Blueport Acquisition Ltd Prices $50 Million Initial Public Offering

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, ...