Company: CHPG
Filing Date: 2025-05-06
Form Type: S-1/A
Source: 0001213900-25-039846
Chunk: 145

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-06
Form: S-1/A
Chunk 145
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 will be no associated material exposure to interest rate risk. Related Party Transactions On April18, 2024, we issued 2,156,250 Class B ordinary shares, par value of $0.0001 each, to our sponsor for a purchase price of $25,000, or approximately $0.012 per share. On June27, 2024, we issued 4,521,169 Class B ordinary shares, at par value, to the sponsor, for $452. In total, an aggregate 6,677,419 Class B ordinary shares were issued to the sponsor, at a per -shareprice of approximately $0.004 per share. On May15, 2024, the Sponsor entered into a securities transfer agreement, pursuant to which the Sponsor transferred 100,000 insider shares at the purchase price of $1,159.42 to Bala Padmakumar, the CEO, Chairman and Director of the Company and 60,000 insider shares at the purchase price of $695.65 to Evan M. Graj, the CFO and director of the Company, respectively. The fair value of these 160,000shares transferred on the grant date was $33,760 or $0.211 per share per valuation performed by a third -partyspecialist. On February25, 2025, the sponsor agreed to transfer all the insider shares it held to the Sponsor HoldCo as capital contribution, in exchange for the issuance of 100 membership interests to the sponsor and for the admission of the sponsor as the sole member of the Sponsor HoldCo. In addition, Mr.Tan was appointed as the manager of the Sponsor HoldCo. On April30, 2025, the sponsor agreed to surrender 4,507,258 insider shares it held, as a result of which the Sponsor HoldCo owns 2,010,161 insider shares. Immediately prior to the closing of this offering, our Sponsor HoldCo has agreed to transfer 20,000 insider shares to each of William W. Snyder, David Mao and Robert H. Grigsby aggregating 60,000 insider shares. The insider shares held by our Sponsor HoldCo include an aggregate of up to 283,064shares subject to forfeiture to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part, so that our insiders will collectively own 22.5% of our issued and outstanding shares after this offering (without given effect to the sale of the private units and representative shares