Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 200

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 200
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 new management member located outside the United States, or the management of post -combination entity will have members located outside the United States; therefore, investors may not be able to enforce federal securities laws or their other legal rights upon our Sponsor HoldCo, our sponsor or Mr. Tan, or those future officers and directors located outside the United States appointed after this offering or in connection with the business combination.” on page 72 of this prospectus. As more fully discussed in “ Management — Conflicts of Interest” on page 128 of this prospectus, if any of our officers or directors becomes aware of a business combination opportunity that falls within the line of business of any entity to which he or she has pre -existingfiduciary or contractual obligations, he or she may be required to present such business combination opportunity to such entity, subject to his or her fiduciary duties under the Cayman Islands law, prior to presenting such business combination opportunity to us. Most of our officers and directors currently have certain pre -existingfiduciary duties or contractual obligations. Additionally, our CEO Mr. Padmakumar, is Chairman and a director of Four Leaf Acquisition Corporation (Nasdaq: FORL), a SPAC in search of target. Mr. Padmakumar owns fiduciary duties to the SPAC under Delaware general corporate law. Number, Terms of Office and Appointment of Directors and Officers Our board of directors consists of five members. Our board of directors is divided into three classes, with only one class of directors being elected in each year, and with each class (except for those directors appointed prior to our first annual meeting of shareholders) serving a three -yearterm: Class I, with a term expiring at the first annual general meeting — David Mao; Class II, with a term expiring at the second annual general meeting — William W. Snyder and Robert H. Grigsby; and Class III, with a term expiring at the third annual general meeting — Bala Padmakumar and Evan M. Graj. Prior to the completion of an initial business combination, any vacancies on our board of directors may be filled by the affirmative vote of a majority of the directors present and voting at the meeting of our board of directors or by a majority of the holders of our insider shares. After completion of the business combination, subject to any other special rights applicable to the shareholders, any vacancies on our board of directors may be filled by the affirmative vote of a majority of the directors present and voting at the meeting of our board of directors or