Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 41

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 41
---
 units resulting from the exercise of the over -allotmentoption. The proceeds from the private placement of the private units will be added to the proceeds of this offering and placed in the Trust Account. As a result, $201,000,000 (or up to $231,150,000 if the over -allotmentoption is exercised in part or in full) will be placed in the Trust Account, immediately following the offering. If we do not complete our initial business combination within 18months from the closing of this offering (or up to 27months, if we extend the time to complete an initial business combination as described in this prospectus), the proceeds from the sale of the offering and private units deposited into the Trust Account including interests (net of taxes payable and up to $100,000 of interest released to us to pay dissolution expenses) will be included in the liquidating distribution to the holders of our public shares. Additionally, we have committed to issue Clear Street LLC, or “Clear Street”, the representative of the underwriters, 300,000 Class A ordinary shares (or up to 345,000 Class A ordinary shares if the underwriter’s over -allotmentoption is exercised in full), or the “representative shares,” at the closing of this offering. We refer to Clear Street throughout this prospectus as the “underwriter”. Following this offering, our Sponsor HoldCo will own a total of 5,586,452 insider shares and 505,000 private units, representing 22.9% of the issued and outstanding shares following this offering. In total, the Sponsor HoldCo will pay for an aggregate purchase price of $5,072,901.40 for an aggregate of 6,091,452shares and 505,000 rights (which will be converted to 63,125shares upon the consummation of our initial business combination). However, other than the foregoing, our Sponsor HoldCo, sponsor or their affiliates have not received and will not receive any other form of compensation. For further information about compensation received or to be received by our sponsor, its affiliates or promoters, the amount of securities issued or to be issued to our insiders, see “ Proposed Business — Our Sponsor HoldCo and Sponsor” on page 98 of the prospectus. Because of the nominal consideration of $22,901.40 the Sponsor HoldCo paid for the insider shares (the initial purchase price of $25,452.12 for the issuance of the 6,677,419 insider