Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 227

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 227
---
 may be converted upon consummation of our business combination into working capital units at a price of $10.00 per unit. In addition, our insiders, officers and directors or their affiliates or designees may loan us funds in support of our potential extension to allow additional time for us to complete an initial business combination which will be evidenced in extension notes, to be repaid in cash or in extension units $10.00 per unit at the closing of our initial business combination. If we do not complete our initial business combination, the loans would be repaid out of funds not held in the Trust Account, and only to the extent available. The working capital units and extension units would be identical to the private units sold in the private placement. The terms of such loans by our insiders, officers and directors or their affiliates, if any, have not been determined and no written agreements exist with respect to such loans. We do not expect to seek loans from parties other than our insiders or an affiliate of our insiders as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our Trust Account, but if we do, we will request such lender to provide a waiver against any and all rights to seek access to funds in our Trust Account. Our Sponsor HoldCo, sponsor and our executive officers and directors are deemed to be our “promoters,” as that term is defined under the Federal securities laws. Expression of Interest The non -managingHoldCo investors have expressed to us an interest in purchasing up to an aggregate of approximately $200million of the units in this offering at the offering price (assuming the exercise in full of the underwriter’s over -allotmentoption). None of the non -managingHoldCo investors may purchase more than 9.9% of the units to be sold in this offering. 135 Subject to each non -managingHoldCo investor 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 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. The non -managingHoldCo investors are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in the Sponsor HoldCo, with no