Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 5

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 5
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 subject to certain transfer restrictions; (c) prior to our initial business combination, only holders of the insider shares have the right to vote on the appointment or removal of a member of the board of directors for any reason; (d) our Sponsor HoldCo and each member of our management team have entered into a letter agreement with us to waiver their redemption rights, rights to liquidating distributions from the Trust Accounts and other shareholder rights enjoyed by holders of the Class A ordinary shares. For further information on the transfer restrictions, see “ Principal Shareholders — Restrictions on Transfers of Insider Shares and Private Units” on page 136 of the prospectus; for other information, see “ Description of Securities — Insider Shares” on page 144 of the prospectus. In addition to the insider shares, our Sponsor HoldCo has committed to purchase from us an aggregate of 505,000 units (or up to 550,000 units if the underwriters’ over -allotmentoption is exercised in full) or “private units,” at $10.00 per private unit for a total purchase price of $5,050,000 (or $5,500,000, if the underwriters’ over -allotmentoption is exercised in full or in part). The sale of the private units will take place on a private placement basis simultaneously with the consummation of this offering. These private units are identical to the public units, subject to limited exceptions as further described herein. All of the proceeds we receive from the private placement will be placed in the Trust Account. Certain investors (none of which are affiliated with any member of our management, Mr.Sunny Tan Kah Wei, the manager of our Sponsor HoldCo and sold director and shareholder of ST Sponsor Limited, our “sponsor”, or any other investor), which we refer to as the “non -managingHoldCo investors” throughout this prospectus, have expressed an interest to purchase, indirectly through the purchase of Class X membership interests of the sponsor (“Class X membership interests”), representing interests in an aggregate of 250,000 private units out of the 505,000 placement units to be purchased by the Sponsor HoldCo. Subject to each non -managingHoldCo investor purchasing the placement units allocated to it in connection with the closing of this offering, the Sponsor HoldCo will issue Class Y membership interests (the “Class Y membership interests”) of the Sponsor HoldCo at a nominal purchase price to the non -managingHoldCo investors, reflecting interests in an aggregate of 3,000