Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 49

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 49
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 shares (or 345,000 Class A ordinary shares if the underwriters exercise their over-allotment option in full) to the representative or its designee, for nominal consideration. 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 18 months (or up to 27 months if we extend the period of time to consummate a business combination, as described in more detail in this prospectus), provided that our Sponsor HoldCo, sponsor, and their affiliates or designees must deposit into the Trust Account for each three months extension, $2,000,000, or $2,300,000 if the underwriter’s over-allotment option is exercised in full ($0.10 per unit in either case), up to an aggregate of $4,000,000 or $4,600,000 if the underwriter’s over-allotment option is exercised in full, on or prior to the date of the applicable deadline, as described in more detail in this prospectus. The representative shares are deemed to be underwriters’ compensation by FINRA pursuant to FINRA Rule 5110. |
| Offering proceeds to be held in 
 trust                           |     | The rules of NASDAQ provide that at least 90% of the gross proceeds from this offering and the sale of the private units be deposited in a Trust Account. An aggregate of $201,000,000 (or an aggregate of $231,150,000 if the over-allotment option is exercised in full) from the proceeds of this offering and the sales of the private units, or $10.05 per unit sold to the public in this offering (regardless of whether or not the over-allotment option is exercised in full or part), will be placed in a Trust Account in the United States, maintained by Continental Stock Transfer & Trust Company, acting as trustee pursuant to an agreement to be signed on the date of this prospectus. Such amount includes $4,000,000, or up to $0.20 per unit sold to the public in this offering (or $4,600,