Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 165

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 165
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 2024, we issued 2,156,250 Class B ordinary shares, par value of $0.0001 each, to our sponsor for a purchase price of $25,000, or approximately $0.012 per share. On June 27, 2024, we issued 4,521,169 Class B ordinary shares, at par value, to the sponsor, for $452.12. In total, an aggregate 6,677,419 Class B ordinary shares were issued to the sponsor, at a per -shareprice of approximately $0.012 per share. On May 15, 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 June 27, 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. 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 870,967 insider shares subject to forfeiture to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part. Subject to each non -managingHoldCo investors purchasing, through the Sponsor HoldCo, 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 3,000,000 insider shares of the Company held by our Sponsor HoldCo. Non -managingHoldCo investors will have no right to control the sponsor or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. Other than the foregoing, our Sponsor HoldCo is not expected to