# Blueport Acquisition Ltd (BPAC)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $21M  
**Price:** $10.12 (+0.10%)

> Blueport Acquisition Ltd is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands as an exempted company with limited liability. Formed on January 13, 2025, it operates without predefined sector or geographic focus, aiming to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses or entities. Headquartered at 366 Madison Ave, 3rd Floor, New York, NY, the company has no current operations, employees, or revenue, positioning it squarely in the shell companies industry within the financials sector. Leadership includes Chairperson and CEO William Rosenstadt, an experienced corporate and securities lawyer and managing partner at Ortoli Rosenstadt LLP; CFO Kulwant Sandher; and independent director nominees Yarona Yieh, Scott Silverman, and Steven Sanders. Blueport Acquisition Ltd completed its IPO in November 2025, raising $50 million through 5.0 million units priced at $10.00 each, consisting of one share of common stock and one right to one-sixth of a share upon a successful business combination. This structure facilitates public market access for private companies via de-SPAC transactions, playing a key role in modern capital formation and merger activity.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | — | — | -$304,193 | -$19,738 | $-0.01 |
| 2022 | — | — | -$2M | $15M | $0.53 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $58M | $1M | $57M | $480,852 | — |
| 2022 | $238M | $9M | $228M | $579,169 | — |
| 2021 | $238M | $9M | $212M | $3M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$304,194 | — | -$231,448 |
| 2022 | $16M | — | -$1M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BPAC)