Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 195

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 195
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ation upon failure to effect a business combination within the allotted time. |
| Release of funds                                  |     | Except for interest earned on the funds held in the Trust Account that may be released to us to pay our tax obligations, the proceeds held in the Trust Account will not be released until the earlier of the completion of a business combination (in which case, the proceeds released to us will be net of the funds used to pay redeeming or tendering shareholders, as the trustee will directly send the appropriate portion of the amount held in trust to the redeeming or tendering shareholders at the time of the business combination) and the liquidation of our Trust Account upon failure to effect a business combination within the allotted time.                                                                                                                                                                                                                                                                                                                                                                                                                                             |     | The proceeds held in the escrow account would not be released until the earlier of the completion of a business combination or the failure to effect a business combination within the allotted time.                                                                        |

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MANAGEMENT Directors and Executive Officers Our current directors and executive officers, their ages and positions are as follows:

| Name              |     | Age |     | Position                                        |
| Bala Padmakumar   |     |  63 |     | Chief Executive Officer, Director, and Chairman |
| Evan M. Graj      |     |  48 |     | Chief Financial Officer, and Director           |
| William W. Snyder |     |  56 |     | Independent Director Nominee                    |
| David Mao         |     |  48 |     | Independent Director Nominee                    |
| Robert H. Grigsby |     |  54 |     | Independent Director Nominee                    |

Below is a summary of the business experience of each our executive officers and directors Bala Padmakumar , Chief Executive Officer, Chairman and Director,is a broad based entrepreneur and technologist with a strong background in strategic partnerships, product and business development, technology and operations, private equity, and venture capital environments. Mr. Padmakumar has broad experience leading special purpose acquisition companies (SPACs), including serving as Chairman and board member of Four Leaf Acquisition Corporation (Nasdaq: FORL), a SPAC in search of target business, since July 2022, and serving as CEO, Chairman and board member of Monterey Capital Acquisition Corporation (Nasdaq: MCAC), from September 2021 until the closing of its business combination with ConnectM Technology Solutions, Inc. (“ConnectM”), a clean energy solution provider, in July 2024. Since July 2024,