Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 61

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 61
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 obligations and accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented. •Our public shareholders may not be afforded an opportunity to vote on our proposed business combination, which means we may consummate our initial business combination even though a majority of our public shareholders do not support such a combination. •The value of the insider shares following completion of our initial business combination is likely to be substantially higher than the nominal price paid for them, even if the trading price of our ordinary shares at such time is substantially less than $10.00 per share. •Our outstanding rights may have an adverse effect on the market price of our ordinary shares and make it more difficult to effect a business combination. •You will not have any rights or interests in funds from the Trust Account, except under certain limited circumstances. To liquidate your investment, therefore, you may be forced to sell your public shares, potentially at a loss. •The excise tax included in the Inflation Reduction Act of 2022 may decrease the value of our securities following our initial business combination, hinder our ability to consummate an initial business combination, and decrease the amount of funds available for distribution in connection with a liquidation. Risks Associated with Acquiring and Operating a Business Outside of the United States •Because of the costs and difficulties inherent in managing cross -borderbusiness operations, our results of operations may be negatively impacted. •Many countries have difficult and unpredictable legal systems and underdeveloped laws and regulations that are unclear and subject to corruption and inexperience, which may adversely impact our results of operations and financial condition. 36 •If we effect a business combination with a company located outside of the United States, the laws applicable to such company will likely govern all of our material agreements and we may not be able to enforce our legal rights. •Upon the effectiveness of this prospectus, all of our executive officers and directors will be located inside the United States. However, our sponsor and its sole member are located in Malaysia. There is also uncertainty as to whether after this offering, we will appoint new management member located outside the United States, or the management of post -combinationentity will have members located outside the United States; therefore, investors may not be able to enforce federal securities laws or their other legal rights upon our Sponsor HoldCo, our sponsor or Mr.Tan, or future officers and directors located outside the United States appointed after this offering or in connection with the business combination. •We may not be able to complete an initial business combination with a