Blueport Acquisition Ltd

BPAC

Market cap $75.2M

New York, NY and Singapore, May 01, 2026 (GLOBE NEWSWIRE) -- Blueport Acquisition Ltd (Nasdaq: BPAC) (“Blueport”), a publicly traded special purpose acquisition company, and SingAuto Inc (“SingAuto”), a global innovator providing green cold-chain logistics technology solutions for smart commercial electric vehicles (“CEVs”), today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”). Upon consummation of the business combination of Blueport and SingAuto and related transactions contemplated by the Business Combination Agreement (collectively, the “Proposed Transactions”), a newly formed holding company for the purpose of the Proposed Transactions will be listed on The Nasdaq Stock Market LLC (“Nasdaq”). The closing of the Proposed Transactions is subject to customary closing conditions, including regulatory and shareholder approvals.