Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 272

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 272
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 Representative’s legal counsel and road show expenses. We have paid a $25,000 advance to the Representative, which shall be applied against actual out -of - pocket-accountableexpenses, which will be returned to us to the extent such out -of -pocketaccountable expenses are not actually incurred in accordance with FINRA Rule 5110(f)(2)(C). We estimate that the total expenses of the offering payable by us, excluding the total underwriting discount, and including the above -referencedadvance to the Representative, will be approximately $1,000,000. We have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make because of any of those liabilities. If we do not complete our initial business combination within the time period required by our second amended and restated memorandum and articles of association, the underwriters have agreed that (i) they will forfeit any rights or claims to their deferred underwriting discounts and commissions, including any accrued interest thereon, then in the trust account, and (ii) that the deferred underwriters’ discounts and commissions will be included with the funds held in the trust account that will be available to fund the redemption of our public shares. Discretionary Accounts The underwriters do not intend to confirm sales of the securities offered hereby to any accounts over which they have discretionary authority. Representative Shares We have agreed to issue to the Representative and/or its designees, 97,500 Class A ordinary shares (or 112,125shares if the underwriters’ over -allotmentoption is exercised in full) upon the consummation of this offering. The holders of the representative shares have agreed (i) that they will not transfer, assign or sell any such shares without our prior consent until the completion of our initial business combination, (ii) to waive their redemption rights (or right to participate in any tender offer) with respect to such shares in connection with the completion of our initial business combination and (iii) to waive their rights to liquidating distributions from the trust account with respect to such shares if we fail to complete our initial business combination within 18months, or if we decide to extend the period of time to consummate our business combination up to two times by an additional three months each time, provided that our Sponsor HoldCo, sponsor and their affiliates or designees must deposit into the Trust Account for each three months extension, $650,000, or $747,500