Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 275

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 275
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”), for us or any of our successors or subsidiaries, and in connection therewith, to receive a minimum of fifty percent (50%) of the aggregate economics paid to underwriters, placement agents or financial advisors in any such Additional Transaction. In accordance with FINRA Rule 5110(g)(6)(A), such right of first refusal shall not have a duration of more than three years from the effective date of the registration statement of which this prospectus forms a part. In the event that we terminate our engagement with Clear Street for cause, any right of first refusal will not survive such termination. 168 Stabilization In connection with this offering, the underwriters may engage in stabilizing transactions, over -allotmenttransactions, syndicate -coveringtransactions, penalty bids, and purchases to cover positions created by short sales. •Stabilizing transactions permit bids to purchase securities so long as the stabilizing bids do not exceed a specified maximum and are engaged in for the purpose of preventing or retarding a decline in the market price of the securities while the offering is in progress. •Over -allotmenttransactions involve sales by the underwriters of securities in excess of the number of securities the underwriters are obligated to purchase. This creates a syndicate short position which may be either a covered short position or a naked short position. In a covered short position, the number of securities over -allottedby the underwriters is not greater than the number of securities that they may purchase in the over -allotmentoption. In a naked short position, the number of securities involved is greater than the number of securities in the overallotment option. The underwriters may close out any short position by exercising their over -allotmentoption and/or purchasing securities in the open market. •Syndicate covering transactions involve purchases of securities in the open market after the distribution has been completed in order to cover syndicate short positions. In determining the source of securities to close out the short position, the underwriters will consider, among other things, the price of securities available for purchase in the open market as compared with the price at which they may purchase securities through exercise of the over -allotmentoption. If the underwriters sell more securities than could be covered by exercise of the over -allotmentoption and, therefore, have a naked short position, the position can be closed out only by buying securities in the open market. A naked short position is more likely to be created if the underwriters are concerned that after pricing there could be