Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 20

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 20
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 were issued to the sponsor, at a per -shareprice of approximately $0.004 per share. On May15, 2024, our sponsor entered into a securities transfer agreement, pursuant to which our sponsor transferred 100,000 insider shares and 60,000 insider shares to Bala Padmakumar and Evan M. Graj, respectively (the “Transfers”). The Transfers were recorded in the Company’s register of members on June27, 2024. On February25, 2025, the sponsor agreed to transfer all the insider shares it held to the Sponsor HoldCo as capital contribution, in exchange for the issuance of 100 membership interests to the sponsor and for the admission of the sponsor as the sole member of the Sponsor HoldCo. In addition, Mr.Tan was appointed as the manager of the Sponsor HoldCo. On April30, 2025, the sponsor agreed to surrender 4,507,258 insider shares it held, as a result of which the Sponsor HoldCo owns 2,010,161 insider shares. Immediately prior to the closing of this offering, our Sponsor HoldCo has agreed to transfer 20,000 insider shares to each of William W. Snyder, David Mao and Robert H. Grigsby aggregating 60,000 insider shares. The insider shares held by our Sponsor HoldCo include an aggregate of up to 283,064 insider shares subject to forfeiture to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part. Other than the foregoing, our Sponsor HoldCo is not expected to effect any direct transfer of the insider shares it held prior to the offering, and neither the sponsor or Mr.Tan is not expected to effect any indirect transfer of such insider shares by transferring any securities of the sponsor prior to the offering. As a result, prior to the offering, the Sponsor HoldCo holds 1,950,161 insider shares, or 89.9% of our issued and outstanding shares. Immediately after the offering, the Sponsor HoldCo is expected to hold 1,667,097 insider shares, or 88.3% of the issued and outstanding insider shares (without the exercise of the over -allotmentoption and assuming 283,064 insider shares forfeited as a result thereof). The insider shares are identical to the Class A ordinary shares of the Company, except that (i) they will automatically convert into our Class A ordinary shares at the time of our initial business combination, (b) they