Copley Acquisition Corp entered into a Business Combination Agreement with Ignite Proteomics, LLC and Ignite Proteomics Holdings, Inc. to consummate a merger that will result in Ignite Proteomics becoming a publicly traded company. The aggregate consideration for the merger is $150,000,000, to be paid in newly issued shares of Pubco Common Stock at a valuation of $10.00 per share. Copley Acquisition Corp is a special purpose acquisition company (SPAC) that seeks to complete a business combination with a target company.