Company: CHPG
Filing Date: 2025-07-07
Form Type: 10-Q
Source: 0001213900-25-061810
Chunk: 94

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-07-07
Form: 10-Q
Item: Part I, Item 2
Chunk 94
---
Sponsor”). Each Private Unit consists of one Class A Ordinary Share and one right. The Private Units were sold at a
purchase price of $10.00 per Private Units, generating gross proceeds to the Company of $2,300,000. The Private Units are identical to
the Units sold in the IPO, subject to limited exceptions as described in the final prospectus of the Company relating to the IPO (SEC
File No. 333-283689), dated May 27, 2025 and filed with the SEC on May 28, 2025.

The above sales were issued
pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act. No commissions were paid in
connection with such sales.

Use of Proceeds

On May 29, 2025, we consummated
the IPO of 7,475,000 Public Units, at a price of $10.00 per Unit, generating gross proceeds of $74,750,000. Simultaneously with the closing
of the IPO, we consummated the sale of 230,000 Private Placement Units, to our sponsor in Private Placement, generating gross proceeds
of $2,300,000.

The net proceeds of $75,123,750
from the IPO and the Private Placement were placed in the Trust Account established for the benefit of the Company’s public shareholders
and the underwriters of the IPO with Continental Stock Transfer & Trust Company acting as trustee.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. MINE SAFETY DISCLOSURES.

Not applicable.

ITEM 5. OTHER INFORMATION.

None. 

23

ITEM 6. EXHIBITS 

The following exhibits are filed as part of, or
incorporated by reference into, this Quarterly Report on Form 10-Q.

    Exhibit No.
     
    Description
  
    31.1*
     
    Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

    31.2*
     
    Certification of Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 200