BPAC · Blueport Acquisition Ltd
Substantial doubt about the company's ability to continue as a going concern.
“The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statement. Therefore, management has determined that these conditions raise substantial doubt about the Company's ability to continue as a going concern until the earlier of the consummation of the business combination or the date the Company is required to liquidate.”View the 10-Q filed May 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-11-13 | Blueport Acquisition Corp |
10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Share, par value $0.0001 per share (Direct)
Reflects the 197,250 private units owned by Blueport Acquisition Corporation, the Issuer's sponsor (the "sponsor"). Each private unit consists of one Class A ordinary share, and one right to receive one-sixth (1/6th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,975,250. |
Class A Ordinary Share, par value $0.0001 per share
|
197,250 |
| 2025-11-13 | Jiang Roy |
10% Owner |
Buy↑
Filing footnotes — Right to receive one-sixth of one Class A Ordinary Share (Indirect)
The rights convert automatically into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination. If the business combination has not been consummated within the applicable time period specified in the Issuer's Amended and Restated Memorandum and Articles of Association, the rights shall expire and shall be worthless. Reflects the 197,250 private units owned by Blueport Acquisition Corporation, the Issuer's sponsor (the "sponsor"). Each private unit consists of one Class A ordinary share, and one right to receive one-sixth (1/6th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,972,500. The sponsor is managed by its two principals, William Rosenstadt and Roy Jiang, and is legally and beneficially owned (i) 50% by William Rosenstadt and (ii) 50% by Roy Jiang. By virtue of their shared control of our sponsor, William Rosenstadt and Roy Jiang may be deemed to have beneficial ownership of the shares held directly by our sponsor. The address for our sponsor is 366 Madison Avenue, 3rd Floor New York, NY 10017.. Mr. Jiang disclaims any beneficial ownership of the shares held by the sponsor, except to the extent of his pecuniary interest therein. |
Right to receive one-sixth of one Class A Ordinary Share
(I)
|
197,250 |
| 2025-11-13 | Rosenstadt William S |
Director, CEO and Chairman, 10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Share, par value $0.0001 per share (Indirect)
Reflects the 197,250 private units owned by Blueport Acquisition Corporation, the Issuer's sponsor (the "sponsor"). Each private unit consists of one Class A ordinary share, and one right to receive one-sixth (1/6th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $ 1,972,500. The sponsor is managed by its two principals, William Rosenstadt and Roy Jiang, and is legally and beneficially owned (i) 50% by William Rosenstadt and (ii) 50% by Roy Jiang. By virtue of their shared control of our sponsor, William Rosenstadt and Roy Jiang may be deemed to have beneficial ownership of the shares held directly by our sponsor. The address for the sponsor is 366 Madison Avenue, 3rd Floor New York, NY 10017. Mr. Rosenstadt disclaims any beneficial ownership of the shares held by the sponsor, except to the extent of his pecuniary interest therein. |
Class A Ordinary Share, par value $0.0001 per share
(I)
|
197,250 |
| 2025-11-13 | Rosenstadt William S |
Director, CEO and Chairman, 10% Owner |
Buy↑
Filing footnotes — Right to receive one-sixth of one Class A Ordinary Share (Indirect)
The rights convert automatically into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination. If the business combination has not been consummated within the applicable time period specified in the Issuer's Amended and Restated Memorandum and Articles of Association, the rights shall expire and shall be worthless. Reflects the 197,250 private units owned by Blueport Acquisition Corporation, the Issuer's sponsor (the "sponsor"). Each private unit consists of one Class A ordinary share, and one right to receive one-sixth (1/6th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $ 1,972,500. The sponsor is managed by its two principals, William Rosenstadt and Roy Jiang, and is legally and beneficially owned (i) 50% by William Rosenstadt and (ii) 50% by Roy Jiang. By virtue of their shared control of our sponsor, William Rosenstadt and Roy Jiang may be deemed to have beneficial ownership of the shares held directly by our sponsor. The address for the sponsor is 366 Madison Avenue, 3rd Floor New York, NY 10017. Mr. Rosenstadt disclaims any beneficial ownership of the shares held by the sponsor, except to the extent of his pecuniary interest therein. |
Right to receive one-sixth of one Class A Ordinary Share
(I)
|
197,250 |
| 2025-11-13 | Blueport Acquisition Corp |
10% Owner |
Buy↑
Filing footnotes — Right to receive one-sixth of one Class A Ordinary Share (Direct)
Reflects the 197,250 private units owned by Blueport Acquisition Corporation, the Issuer's sponsor (the "sponsor"). Each private unit consists of one Class A ordinary share, and one right to receive one-sixth (1/6th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,975,250. The rights convert automatically into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination. If the business combination has not been consummated within the applicable time period specified in the Issuer's Amended and Restated Memorandum and Articles of Association, the rights shall expire and shall be worthless. |
Right to receive one-sixth of one Class A Ordinary Share
|
197,250 |
| 2025-11-13 | Jiang Roy |
10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Share, par value $0.0001 per share (Indirect)
Reflects the 197,250 private units owned by Blueport Acquisition Corporation, the Issuer's sponsor (the "sponsor"). Each private unit consists of one Class A ordinary share, and one right to receive one-sixth (1/6th) of one Class A ordinary share upon the consummation of the Issuer's initial business combination. The private units were purchased at $10.00 per unit for an aggregate purchase price of $1,972,500. The sponsor is managed by its two principals, William Rosenstadt and Roy Jiang, and is legally and beneficially owned (i) 50% by William Rosenstadt and (ii) 50% by Roy Jiang. By virtue of their shared control of our sponsor, William Rosenstadt and Roy Jiang may be deemed to have beneficial ownership of the shares held directly by our sponsor. The address for our sponsor is 366 Madison Avenue, 3rd Floor New York, NY 10017.. Mr. Jiang disclaims any beneficial ownership of the shares held by the sponsor, except to the extent of his pecuniary interest therein. |
Class A Ordinary Share, par value $0.0001 per share
(I)
|
197,250 |
| 2025-11-10 | Silverman Scott J |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-11-10 | Yieh Yarona L |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-11-10 | Sanders Steven Andrew |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-11-10 | Sandher Kulwant |
Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |