Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 173

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 173
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 entity will be located in the Unites States. If we or post -combination entity has management members outside the United States either before or after the business combination, it may be difficult, or in some cases not possible, for investors in the United States to enforce their legal rights, to effect service of process upon them and our Sponsor HoldCo or our sponsor, to enforce judgments of United States courts predicated upon civil liabilities and criminal penalties on them under United States securities laws. See “ Risk Factors — Upon the effectiveness of this prospectus, all of our executive officers and directors will be located inside the United States. However, our sponsor and its sole shareholder are located in Malaysia. There is also uncertainty as to whether after this offering, we will appoint new management member located outside the United States, or the management of post -combination entity will have members located outside the United States; therefore, investors may not be able to enforce federal securities laws or their other legal rights upon our Sponsor HoldCo, our sponsor or Mr. Tan, or those future officers and directors located outside the United States appointed after this offering or in connection with the business combination. ” on page74 of this prospectus. As more fully discussed in “ Management — Conflicts of Interest ” on page 128 of this prospectus, if any of our officers or directors becomes aware of a business combination opportunity that falls within the line of business of any entity to which he or she has pre-existing fiduciary or contractual obligations, he or she may be required to present such business combination opportunity to such entity, subject to his or her fiduciary duties under the Cayman Islands law, prior to presenting such business combination opportunity to us. Most of our officers and directors currently have certain pre-existing fiduciary duties or contractual obligations. Additionally, our CEO Mr. Padmakumar, is Chairman and a director of Four Leaf Acquisition Corporation (Nasdaq: FORL), a SPAC in search of target. Mr. Padmakumar owns fiduciary duties to the SPAC under Delaware general corporate law. Background and Competitive Strengths We will seek to leverage our management team’s proprietary network of relationships with corporate executives, private equity, venture and growth capital funds, investment banking firms and consultants in order to source, acquire, and support the operations of the business combination target. For example, Mr. Padmakumar, our CEO and Chairman of the board of directors, has extensive investment management experience in the U.S. and Asia and is experienced with leading business combination search as a member of