Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 161

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 161
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 Right) |     |                |     |                                                                                                                                                                                                    |     |                               |
| Working Capital Rights |     |          0 |     |    Up to 150,000 |     |                                                                                                  |     |                |     |                                                                                                                                                                                                    |     |                               |

Upon the consummation of this offering , our insiders will own approximately 22.5% of our issued and outstanding ordinary shares (without given effect to the sale of the private unitsand representative shares, and assuming our insiders do not purchase units in this offering). If we increase or decrease the size of this offering, we will effect a share capitalization or a compulsory redemption or redemption or other appropriate mechanism, as applicable, with respect to our insider shares immediately prior to the consummation of this offering in such amount so as to maintain the number of insider shares, on an as -converted basis, at approximately 22.5% of our issued and outstanding ordinary shares upon the consummation of this offering (without given effect to the sale of the private unitsand representative shares, and assuming our insiders do not purchase units in this offering). For further information about the adjustment of insider shares, see “ Description of Securities — Ordinary Shares ” on page139 of this prospectus. As ofDecember31 , 2024, our sponsor had loaned to us an aggregate of $331,927 to be used to pay formation and a portion of the expenses of this offering, respectively. The loan is payable without interest on the date on which we consummate our initial public offering. If we determine not to proceed with the offering, such amounts would not be repaid. In addition, in order to meet our working capital needs following the consummation of this offering until completion of an initial business combination, our insiders, officers and directors or their affiliates or designees may, but are not obligated to, loan us funds, from time to time or at any time, in whatever amount they deem reasonable in their sole discretion. The notes would either be paid upon consummation of our initial business combination, without interest, or, at the lender’s discretion, up to $1,500,000 of the notes, or the “working capital notes,” may be converted upon consummation of our business combination into working capital units at a price of $10.00 per unit, or the “working capital units.” In addition, our insiders, officers and directors or their affiliates or designees may loan us funds in support of our potential extension to allow additional time for us to