Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 7

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 7
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 commitments to purchase, non -managingHoldCo investors may determine to purchase a different number (which shall not exceed 9.9% of the units in this offering) or no units in this offering. Depending on how many units are purchased by the non -managingHoldCo investors, the post -offeringtrading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. We do not expect any purchase of units by the non -managingHoldCo investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non -managingHoldCo investors, or none at all, and the purchase of the non -managingsponsor membership interests is not contingent upon the participation in this offering or vice -versa. The underwriter will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non -managingHoldCo investors, if any, as it will on the other units sold to the public in this offering. In addition, none of the non -managingHoldCo investors has any obligation to vote any of their public shares in favor of our initial business combination. Nevertheless, the non -managingHoldCo investors will be incentivized to vote any of their public shares in favor of a business combination due to their indirect ownership through the Sponsor HoldCo of insider shares and private units. For a discussion of certain additional arrangements with the non -managingHoldCo investors, see “ Prospectus Summary — The Offering — Expressions of Interest.” Following this offering, our Sponsor HoldCo will own a total of 5,586,452 insider shares and 505,000 private units, representing 22.9% of the issued and outstanding shares following this offering. In total, the Sponsor HoldCo will pay for an aggregate purchase price of $5,072,901.40 for an aggregate of 6,091,452shares and 505,000 rights (which will be converted to 63,125shares upon the consummation of our initial business combination). Lastly, as of December31, 2024, our sponsor had loaned to us an aggregate of $331,927 to be used to pay formation and a portion of the expenses of this offering, respectively. The loan is payable without interest on the date on which we consummate our initial