Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 274

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 274
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 business combination, and (ii) with respect to the other 50% of the insider shares for a period ending on the six month anniversary of the closing of the business combination, unless approved by the our public shareholders. However, if, after a business combination, there is a transaction whereby all the outstanding shares are exchanged or converted into cash (as they would be in a post -assetsale liquidation) or another issuer’s shares, then the insider shares shall be permitted to come out of lock -upto participate. All insiders shall agree to offer all suitable business combination opportunities to our company before any other person or company until the consummation of the business combination, subject to any pre -existingcontractual or fiduciary obligations they may have. Pricing of the Offering Prior to this offering, there has been no public market for our securities. Consequently, the initial public offering price for the units was determined by negotiations between us and the underwriters. Among the factors considered in determining the initial public offering price were the history and prospects of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our capital structure, and currently prevailing general conditions in the equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We cannot assure you, however, that the price at which the Class A ordinary shares, units or rights will sell in the public market after this offering will not be lower than the initial public offering price or that an active trading market in our ordinary shares, units or rights will develop and continue after this offering. Listing We have applied to list our units on NASDAQ, under the symbol “CHPGU”. We cannot guarantee that our securities will be approved for listing on NASDAQ. We expect that our units will be listed on NASDAQ on or promptly after the date of this prospectus. We expect that our Class A ordinary shares and rights will be listed under the symbols “CHPG” and “CHPGR,” respectively, once the Class A ordinary shares and rights begin separate trading. Right of First Refusal Subject to certain conditions, we granted the Representative, for a period of 18months after the date of the consummation of our business combination, a right of first refusal to act as sole lead underwriter, placement agent, financial advisor or capital markets advisor at the Representative’s sole discretion, for each and every underwriting, financing, or advisory work, or M&A transaction, as the case may be (each, an “Additional Transaction