Company: CHPG
Filing Date: 2025-05-06
Form Type: S-1/A
Source: 0001213900-25-039846
Chunk: 246

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-06
Form: S-1/A
Chunk 246
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 have 8,699,972 (or 9,987,286 if the underwriters’ over -allotmentoption is exercised in full) ordinary shares outstanding. Of these shares, the 6,500,000 Class A ordinary shares (or 7,475,000shares if the underwriters’ over -allotmentoption is exercised in full) sold in this offering will be freely tradable without restriction or further registration under the Securities Act, except for any shares purchased by one of our affiliates within the meaning of Rule 144 under the Securities Act. All of the remaining 1,887,097 (or 2,170,161 if the underwriters’ over -allotmentoption is exercised in full) insider shares and all 215,375 (or 230,000 if the underwriters’ over -allotmentoption is exercised in full) private units are restricted securities under Rule 144, in that they were issued in private transactions not involving a public offering, and are subject to transfer restrictions as set forth elsewhere in this prospectus. Rule 144 Pursuant to Rule 144, a person who has beneficially owned restricted ordinary shares, or rights for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have been one of our affiliates at the time of, or at any time during the three months preceding, a sale and (ii) we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale and have filed all required reports under Section 13 or 15(d) of the Exchange Act during the 12 months (or such shorter period as we were required to file reports) preceding the sale. Persons who have beneficially owned restricted ordinary shares, or rights for at least six months but who are our affiliates at the time of, or at any time during the three months preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three -monthperiod only a number of securities that does not exceed the greater of: •1% of the total number of ordinary shares then issued and outstanding, which will equal 869,997shares immediately after this offering (or 998,728 if the underwriters exercise their over -allotmentoption in full), on an as converted basis; or •the average weekly reported trading volume of the ordinary shares during the four calendar weeks preceding the filing of a notice on Form 144 with respect to the sale