Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 287

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 287
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 any investors identified, referred or otherwise introduced, directly by the Representative. If the Company terminates this engagement letter for cause, including Clear Street’s material failure to provide underwriting services contemplated in the Engagement Letter, the Tail Fee will not survive such termination. Lock-Up Arrangements Our Sponsor HoldCo, officers and directors have agreed not transfer, assign or sell any of their insider shares, excluding any units or shares comprising units acquired by our Sponsor HoldCo, officers and directors in the Offering (i) with respect to 50% of the insider shares for a period ending on the earlier of the six month anniversary of the initial business combination or the date on which the closing price of the ordinary shares exceeds $12.50 for any 20 trading days within a 30 -tradingday period following the closing of the business combination, and (ii) with respect to the other 50% of the insider shares for a period ending on the six month anniversary of the closing of the business combination, unless approved by the our public shareholders. However, if, after a business combination, there is a transaction whereby all the outstanding shares are exchanged or converted into cash (as they would be in a post -assetsale liquidation) or another issuer’s shares, then the insider shares shall be permitted to come out of lock -upto participate. All insiders shall agree to offer all suitable business combination opportunities to our company before any other person or company until the consummation of the business combination, subject to any pre -existingcontractual or fiduciary obligations they may have. Pricing of the Offering Prior to this offering, there has been no public market for our securities. Consequently, the initial public offering price for the units was determined by negotiations between us and the underwriters. Among the factors considered in determining the initial public offering price were the history and prospects of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our capital structure, and currently prevailing general conditions in the equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We cannot assure you, however, that the price at which the Class A ordinary shares, units or rights will sell in the public market after this offering will not be lower than the initial public offering price or that an active trading market in our ordinary shares, units or rights will develop and continue after this offering. Listing We have applied to list our units on NASDAQ, under the symbol “CHPGU”. We cannot guarantee that our securities will