Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 286

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 286
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 (i) that they will not transfer, assign or sell any such shares without our prior consent until the completion of our initial business combination, (ii) to waive their redemption rights (or right to participate in any tender offer) with respect to such shares in connection with the completion of our initial business combination and (iii) to waive their rights to liquidating distributions from the trust account with respect to such shares if we fail to complete our initial business combination within 18months, or if we decide to extend the period of time to consummate our business combination up to two times by an additional three months each time, provided that our Sponsor HoldCo, sponsor and their affiliates or designees must deposit into the Trust Account for each three months extension, $2,000,000, or $2,300,000 if the underwriter’s over -allotmentoption is exercised in full ($0.10 per unit in either case), up to an aggregate of $4,000,000 or $4,600,000 if the underwriter’s over -allotmentoption is exercised in full, on or prior to the date of the applicable deadline, as described in more detail in this prospectus. The representative shares have been deemed compensation by FINRA and are therefore subject to a lock -upfor a period of 180 days immediately following the commencement of sales of this offering. Pursuant to FINRA Rule 5110(e)(1), these securities may not be sold, transferred, assigned, pledged or hypothecated nor may they be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the commencement of sales of this offering except to any underwriter and selected dealer participating in the offering and their officers or partners, registered persons or affiliates or as otherwise permitted under FINRA Rule 5110(e)(2). 169 Tail Fee If the offering is not consummated prior to the expiration of the engagement letter, as amended, between us and the Representative (the “Engagement Letter”) other than due to the Representative’s gross negligence or failure to proceed with preparations for the offering, the Representative shall be entitled to a payment equal to 2.0% of the gross proceeds (the “Tail Fee”) with respect to any shares sold by the Company, or by any of the individuals or entities affiliated with the Company, within 12months following the expiration of the Engagement Letter with respect to