Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 9

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 9
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 date the IPO is consummated until the end of the term of the offer letter; and (ii) an offer letter with Mr.Graj on May21, 2024, which provides that, in connection with his service as the CFO of the Company, Mr.Graj shall receive cash compensation of $5,000 from the date of the offer letter until the IPO is consummated, and (y) $6,000 from the date the IPO is consummated until the end of the term of the offer letter. Prior to the offering, we paid the monthly cash compensations through a certain loan provided by the sponsor to us to be used for a portion of the expenses of this offering, evidenced by a certain promissory note issued to the sponsor on April18, 2024; after the offering, we intend to continue paying them through the net proceeds of this offering that will not be held in the Trust Account. For further information about the source of the compensation, see “ Use of Proceeds” on page 80 of this prospectus. Other than the foregoing and the ownership of insider shares by Mr.Padmakumar, Mr.Graj and the independent directors, our directors and officers have not received or will receive any other form of compensation upon the closing of the offering. See “ Management — Executive Officer and Director Compensation” on page 125 of the prospectus. Because of the nominal consideration of $22,901.40 the Sponsor HoldCo paid for the insider shares (the initial purchase price of $25,452.12 for the issuance of the 6,677,419 insider shares less the consideration price of $2,550.72 be received from directors and officers in exchange for the transfer of certain insider shares), upon the closing of this offering, your public shares will be significantly diluted. To illustrate, the table below shows material probable transactions or sources of dilution and the extent of such dilution that non -redeemingpublic shareholders could experience in connection with the closing of this offering. The table below assumes: Scenario A) 25% of maximum redemption of our public shares are redeemed, Scenario B) 50% of maximum redemption of our public shares are redeemed, Scenario C) 75% of maximum redemption of our public shares are redeemed, and Scenario D) maximum redemptions that would permit us to maintain net tangible assets of $5,000,001 are redeemed.

|                                                                                             |     | Without Over-Allotment Option Exercised 
 Scenario A                              
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