Company: CHPG
Filing Date: 2025-05-06
Form Type: S-1/A
Source: 0001213900-25-039846
Chunk: 270

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-06
Form: S-1/A
Chunk 270
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 is exercised in full, on or prior to the date of the applicable deadline, as described in more detail in this prospectus. The representative shares have been deemed compensation by FINRA and are therefore subject to a lock -upfor a period of 180 days immediately following the commencement of sales of this offering. Pursuant to FINRA Rule 5110(e)(1), these securities may not be sold, transferred, assigned, pledged or hypothecated nor may they be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the commencement of sales of this offering except to any underwriter and selected dealer participating in the offering and their officers or partners, registered persons or affiliates or as otherwise permitted under FINRA Rule 5110(e)(2). 167 Tail Fee If the offering is not consummated prior to the expiration of the engagement letter, as amended, between us and the Representative (the “Engagement Letter”) other than due to the Representative’s gross negligence or failure to proceed with preparations for the offering, the Representative shall be entitled to a payment equal to 2.0% of the gross proceeds (the “Tail Fee”) with respect to any shares sold by the Company, or by any of the individuals or entities affiliated with the Company, within 12months following the expiration of the Engagement Letter with respect to any investors identified, referred or otherwise introduced, directly by the Representative. If the Company terminates this engagement letter for cause, including Clear Street’s material failure to provide underwriting services contemplated in the Engagement Letter, the Tail Fee will not survive such termination. Lock-Up Arrangements Our Sponsor HoldCo, officers and directors have agreed not transfer, assign or sell any of their insider shares, excluding any units or shares comprising units acquired by our Sponsor HoldCo, officers and directors in the Offering (i) with respect to 50% of the insider shares for a period ending on the earlier of the six month anniversary of the initial business combination or the date on which the closing price of the ordinary shares exceeds $12.50 for any 20 trading days within a 30 -tradingday period following the closing of the business combination, and (ii) with respect to the other 50% of the insider shares for a period ending on the six month anniversary of the closing of the business combination, unless approved by the our public shareholders. However, if, after a business combination, there