Company: CHPG
Filing Date: 2025-05-06
Form Type: S-1/A
Source: 0001213900-25-039846
Chunk: 298

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-06
Form: S-1/A
Chunk 298
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 On May 21, 2024, the Company signed the offer letter with the CFO for compensation of $5,000 per month in cash and $6,000 per month in cash for the post -IPOperiod. The CFO also paid expenses on behalf of the Company during the period from March 27, 2024 (inception) through December 31, 2024. As of December 31, 2024, due to the CFO including salary and reimbursement payable amounted to of $21,901.

F-13 CHAMPIONSGATE ACQUISITION CORPORATION
NOTES TO FINANCIAL STATEMENTS Note 6 — Commitments and Contingencies Underwriter Registration Rights The holders of the insider shares, Private units (including securities contained therein) and Units (including securities contained therein) that may be issued on conversion of working capital loans or extension loans will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or on the effective date of this offering requiring the Company to register such securities for resale. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to the Company’s completion of the Company’s initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The Company will grant the underwriter a 45 -dayoption to purchase up to an additional 975,000 Units solely to cover over -allotments, if any. The underwriter will be entitled to a cash underwriting discount of $0.10 per Unit, or $650,000 (or $747,500 if the underwriters’ over -allotmentis exercised in full), payable upon the closing of the Proposed Public Offering. In addition, the Company has agreed $0.15 per Unit to be paid in the form of the issuance of 97,500 Class A ordinary shares (or 112,125 Class A ordinary shares if the underwriters’ over -allotmentis exercised in full) at the closing of the Proposed Public Offering. Additionally, the underwriter will be entitled to a cash underwriting discount of $0.20 per Unit to be paid in cash, or $1,300,000 (or $1