Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 11, 2025, Blueport Acquisition Ltd (the “Company”) entered into a consulting agreement (the “Consulting Agreement”) with Hurricane Corporate Services Ltd.…
Filed Mar 4, 2026Accepted Mar 4, 2026, 4:31 PM ESTCIK 2064177Accession 0001185185-26-000753
We are a blank check company incorporated in the Cayman Islands on January 13, 2025 as an exempted company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular geographic location. We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction. Additionally, we have not engaged or retained any agent or other representative to identify or locate any suitable acquisition candidate, to conduct any research or take any measures, directly or indirectly, to locate or contact a target business.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02.
Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 11, 2025, Blueport Acquisition
Ltd (the “Company”) entered into a consulting agreement (the “Consulting Agreement”) with Hurricane
Corporate Services Ltd. (the “Consultant”), a consulting company controlled by Kulwant Sandher, the Company’s Chief Financial Officer. Pursuant to the Consulting Agreement, the Company has engaged the
Consultant to provide Chief Financial Officer services to the Company, at the monthly fee of $3,000 plus reimbursable expenses
actually incurred by the Consultant. The Agreement has a duration of three months commencing on the execution date and
automatically renewed for an additional three months on February 11, 2026 in accordance with its terms. The Consulting
Agreement provides that each party will indemnify the other for any breach of the agreement or any negligent or wrongful act or
omission by the indemnifying party.
In November 2025, the Company orally agreed to
pay each of its directors $7,500 per quarter as compensation for board services. Such agreement may be terminated by the Company at any
time.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
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10.1 Consulting Agreement
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL