Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 114

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 114
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 the units to be sold in this offering. Because these expressions of interest are not binding agreements or commitments to purchase, non -managingHoldCo investors may determine to purchase fewer units in this offering, or none at all. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non -managingHoldCo investors, or none at all, and the purchase of the non -managingSponsor HoldCo membership interests is not contingent upon the participation in this offering or vice -versa. Depending on how many units are purchased by the non -managingHoldCo investors, the post -offeringtrading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. 65 Although we have no knowledge of any affiliation or other agreement or arrangement, as to voting of our securities or otherwise, among the non -managingHoldCo investors, if such investors all elect to purchase the full amount of our units described herein and so long as they hold a substantial portion of the units purchased, the sponsor and the non -managingHoldCo investors would collectively own a significant number of our shares. Further, the non -managingHoldCo investors will share in any appreciation of the founder shares through their membership interests in the Sponsor HoldCo if we successfully complete a business combination. Non -managingHoldCo investors’ interests in the founder shares may provide them with an incentive to vote any public shares they own in favor of a business combination, and make a substantial profit on such interests, even if the business combination is with a target that ultimately declines in value and is not profitable for other public shareholders. Therefore, in the event that the non -managingHoldCo investors purchase the full amount of units described herein, continue to hold the shares included in the units and individually decide to vote such shares in favor of our initial business combination, we would not need any additional public shares sold in this offering to be voted in favor of our initial business combination to have our initial business combination approved. Purchases of Class A ordinary shares in the open market or in privately negotiated transactions by our Sponsor HoldCo, sponsor, directors, officers, advisors or their affiliates may make it difficult for us to maintain the listing of our shares on a national securities exchange following the consummation of an initial business combination. If our Sponsor HoldCo, sponsor, directors, officers, advisors or their affiliates purchase Class A ordinary