Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 225

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 225
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 the right to vote their ordinary shares and the right to receive cash dividends, if declared. If dividends are declared and payable in ordinary shares, such dividends will also be subject to lock -up. If we are unable to effect a business combination and liquidate the Trust Account, none of our insiders will receive any portion of the liquidation proceeds with respect to their insider shares. Our Sponsor HoldCo has committed to purchase from us an aggregate of 505,000 private units at $10.00 per private unit (for a total purchase price of $5,050,000). The sale of the private units will take place on a private placement basis simultaneously with the consummation of this offering. Of the private units that our Sponsor HoldCo has committed to purchase, the non -managingHoldCo investors have indicated an interest to purchase, indirectly through the purchase of Class X membership interests of the sponsor, an aggregate of 250,000 private units. Subject to each non -managingHoldCo investor purchasing, through the Sponsor HoldCo, the placement units allocated to it in connection with the closing of this offering, the Sponsor HoldCo will issue Class Y membership interests of the Sponsor HoldCo at a nominal purchase price to the non -managingHoldCo investors, reflecting interests in an aggregate of 3,000,000 insider shares of 134 the Company held by our Sponsor HoldCo. The non -managingHoldCo investors will not be subject to transfer restrictions or a lock -upagreement on any Class A ordinary shares that they may purchase in this offering pursuant to the expressions of interest described below or otherwise. All of the proceeds we receive from the private placement will be placed in the Trust Account. Our Sponsor HoldCo has also agreed that if the over -allotmentoption is exercised by the underwriters, they will purchase from us at a price of $10.00 per private unit an additional number of private units (up to a maximum of 45,000 private units) pro ratawith the amount of the over -allotmentoption exercised so that at least $10.05 per share sold to the public in this offering is held in trust regardless of whether the over -allotmentoption is exercised in full or part. These additional private units will be purchased in a private placement that will occur simultaneously with the purchase of units resulting from the exercise of the over -allotmentoption. The private units are identical to the units sold in this offering except that (i) the private units are not offered