Karpus Management, Inc. Acquires 9.7% Stake in Blueport Acquisition Ltd (BPAC)

Karpus Management, Inc. (d/b/a Karpus Investment Management) filed a Schedule 13G on May 14, 2026, reporting a new 9.7% ownership stake in Blueport Acquisition Ltd (BPAC). The filing indicates that Karpus beneficially owns 716,625 shares of common stock as of the event date on March 31, 2026. Karpus, a New York-based registered investment adviser, holds sole voting and dispositive power over all 716,625 shares. The reporting person is a subsidiary of City of London Investment Group plc (CLIG); however, due to established informational barriers, Karpus exercises independent investment power and beneficial ownership is not attributed to CLIG. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This initial filing marks a significant increase from a previous 0.0% position.