Back to News
Nov 13, 2025 4:40 PM

Blueport Acquisition Ltd Announces Closing of $57.5 Million Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option

NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Blueport Acquisition Ltd, a blank check company incorporated in the Cayman Islands as an exempted company (the "Company"), today announced the closing of its previously announced initial public offering ("IPO") of 5,750,000 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. This includes the exercise in full by the underwriters' over-allotment option to purchase up to an additional 750,000 units.

The units are listed on The Nasdaq Capital Market ("Nasdaq") under the ticker symbol "BPACU" and began trading on November 12, 2025. 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 acted as the sole book-running manager for the offering.

Loeb & Loeb LLP served as legal counsel to the Company ...