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Karpus Management reports 9.70% stake in Blueport Acquisition Ltd (BPAC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Karpus Management, Inc. filed a Schedule 13G reporting beneficial ownership of 716,625 shares of Blueport Acquisition Ltd common stock (CUSIP G1196A102), representing 9.70% of the class as of 03/31/2026. The filing states the shares are owned directly by accounts managed by Karpus and notes informational barriers with City of London Investment Group plc per SEC Release No. 34-39538 (January 12, 1998).

The filing is signed by Jodi L. Hedberg, Chief Compliance Officer, on 05/14/2026.

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Insights

Karpus holds a notable 9.70% position in Blueport as reported on 03/31/2026.

Karpus Management, Inc. reports direct beneficial ownership of 716,625 shares across managed accounts. The filing cites established informational barriers with City of London Investment Group plc, indicating Karpus exercises voting and investment power independently per the cited SEC release.

Holder decisions will determine any future trading; subsequent filings would disclose material changes in position or voting power.

Shares beneficially owned 716,625 shares Amount beneficially owned per Item 4
Percent of class 9.70% Percent of class as reported in Item 4
Reporting period 03/31/2026 Date shown at top of filing content
Signature date 05/14/2026 Signed by Chief Compliance Officer Jodi L. Hedberg
CUSIP G1196A102 CUSIP Number for Blueport common stock
Schedule 13G regulatory
"This statement is being filed by Karpus Management, Inc."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 716,625.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power regulatory
"Sole Voting Power 716,625.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
informational barriers regulatory
"effective informational barriers have been established between Karpus and CLIG"





G1196A102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



KARPUS MANAGEMENT, INC.
Signature:/s/ Jodi L. Hedberg
Name/Title:Jodi L. Hedberg / Chief Compliance Officer
Date:05/14/2026

FAQ

What stake does Karpus Management hold in Blueport Acquisition Ltd (BPAC)?

Karpus Management reports beneficial ownership of 716,625 shares, equal to 9.70% of Blueport's common stock as of 03/31/2026. The shares are held directly in accounts managed by Karpus.

Does the filing say Karpus controls the shares or another parent company does?

The filing states Karpus exercises voting and investment power over the shares and cites informational barriers with City of London Investment Group plc per SEC Release No. 34-39538 (January 12, 1998). Attribution to CLIG is not required.

What document was filed to report this ownership and when was it signed?

Karpus filed a Schedule 13G reporting passive beneficial ownership. The filing is signed by Jodi L. Hedberg, Chief Compliance Officer, on 05/14/2026 reflecting the 03/31/2026 reporting period.

What security and identifier are referenced in the filing?

The filing covers Common shares of Blueport Acquisition Ltd with CUSIP G1196A102. The class referenced in Item 4 shows 716,625 shares and 9.70% ownership.

Are the shares held directly or indirectly by Karpus?

The filing states the shares are owned directly by accounts managed by Karpus. It also notes Karpus is a New York corporation and its management committee members are U.S. citizens.