Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 270

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 270
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10% or more of the total value of shares of all classes of shares of the Company) with respect to the foreign -sourceportion of such dividend. However, the deduction for the foreign -sourceportion of dividends received by specified 10 -percentowned foreign corporations is generally disallowed in its entirety if the common share with respect to which the dividend is paid is owned by such corporate U.S. Holder for less than 366 days during the 731 -dayperiod beginning on the date which is 365 days before the date on which the common share becomes ex -dividendwith respect to such dividend. With respect to non -corporateU.S. Holders, dividends may be subject to the lower applicable long -termcapital gains tax rate (see “— Taxation on the Disposition of Securities” on page 160 of this prospectus) if our ordinary shares are readily tradeable on an established securities market in the United States, we are not a PFIC at the time the dividend was paid or in the previous year, and certain other requirements are met. U.S. Holders should consult their own tax advisors regarding the availability of the lower rate for any cash dividends paid with respect to our ordinary shares. Taxation on the Disposition of Securities Upon a sale or other taxable disposition of our securities (which, in general, would include a redemption of ordinary shares, as discussed below, and our liquidation and subsequent dissolution in the event we do not consummate an initial business combination within the required time), and subject to the PFIC rules discussed below, a U.S. Holder generally will recognize capital gain or loss in an amount equal to the difference between (i) sum of the amount realized of cash and the fair market value of any property received in such disposition (or, if the ordinary shares or rights are held as part of the units at the time of disposition, the portion of the amount realized on such disposition that is allocated to the ordinary shares, or rights based on the then fair market values of the ordinary shares, and rights, constituting the units) and (ii) the U.S. Holder’s adjusted tax basis in the securities so disposed. 160 A U.S. Holder’s adjusted tax basis in its securities generally will equal the U.S. Holder’s acquisition cost (that is, the portion of the purchase price of a unit allocated to the holder’s ordinary shares, and/or rights, as described above under “— Allocation of Purchase Price and Characterization of a Unit” on page 159 of this prospect