Company: CHPG
Filing Date: 2025-05-06
Form Type: S-1/A
Source: 0001213900-25-039846
Chunk: 5

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-06
Form: S-1/A
Chunk 5
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 are subject to certain transfer restrictions; (c) prior to our initial business combination, only holders of the insider shares have the right to vote on the appointment or removal of a member of the board of directors for any reason; (d) our Sponsor HoldCo and each member of our management team have entered into a letter agreement with us to waiver their redemption rights, rights to liquidating distributions from the Trust Accounts and other shareholder rights enjoyed by holders of the Class A ordinary shares. For further information on the transfer restrictions, see “ Principal Shareholders — Restrictions on Transfers of Insider Shares and Private Units” on page 135 of the prospectus; for other information, see “ Description of Securities — Insider Shares” on page 142 of the prospectus. In addition to the insider shares, our Sponsor HoldCo has committed to purchase from us an aggregate of 215,375 units (or up to 230,000 units if the underwriters’ over -allotmentoption is exercised in full) or “private units,” at $10.00 per private unit for a total purchase price of $2,153,750 (or $2,300,000, if the underwriters’ over -allotmentoption is exercised in full or in part). The sale of the private units will take place on a private placement basis simultaneously with the consummation of this offering. These private units are identical to the public units, subject to limited exceptions as further described herein. All of the proceeds we receive from the private placement will be placed in the Trust Account. Following this offering, our Sponsor HoldCo will own a total of 1,667,097 insider shares and 215,375 private units, representing 21.6% of the issued and outstanding shares following this offering. In total, the Sponsor HoldCo will pay for an aggregate purchase price of $2,176,651.40 for an aggregate of 1,882,472shares and 215,375 rights (which will be converted to 26,921shares upon the consummation of our initial business combination). However, other than the foregoing, our Sponsor HoldCo, sponsor or their affiliates have not received and will not receive any other form of compensation. Our Sponsor HoldCo, a Cayman Islands limited liability company, has one member, ST Sponsor Limited, or “sponsor”. The sponsor is controlled by Mr.Sunny Tan Kah Wei, who is the sole director and shareholder of the sponsor. Mr.Tan, a Malaysian citizen and resident, also exercises