CHPG
ChampionsGate Acquisition Corporation10.13
+0.00+0%
Dec 15, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
101.17MP/E (TTM)
-Basic EPS (TTM)
-Dividend Yield
0%Recent Filings
8-K
New CEO appointed for SPAC
ChampionsGate Acquisition Corporation appointed Boon Liat Timothy Lim as Chairman, CEO, and director on October 17, 2025, replacing Bala Padmakumar who resigned in July. Lim brings over two decades of executive experience in Southeast Asia, including leadership at Dragon Group and ASTI Holdings in semiconductors and business development. His compensation ties to milestones: $13,500 upon signing a business combination deal and another $13,500 upon closing. This shift bolsters the SPAC's hunt for targets, yet success hinges on market timing.
10-Q
Q2 FY2025 results
ChampionsGate Acquisition Corporation completed its IPO on May 29, 2025, raising $74.8M in gross proceeds and placing $75.1M into a trust account invested in U.S. Treasury securities, yielding $248K in interest income for Q2 ended June 30, 2025. Formation and operating costs jumped to $162K from $33K y/y, while stock compensation hit $156K, driving a $318K operating loss—offset somewhat by interest to yield a $70K net loss, or $(0.01) per share on 2.1M non-redeemable shares. Cash outside the trust stood at $383K, with a $427K related-party promissory note outstanding. No business combination yet; the hunt continues. CEO resigned July 31, 2025, with no disagreements. Sponsor turmoil adds uncertainty.
8-K
CEO resigns abruptly
ChampionsGate Acquisition Corporation's Chairman, CEO, and director Bala Padmakumar resigned all positions effective July 31, 2025, with no disagreements on operations or policies. The board received his immediate departure notice, terminating his May 2024 offer letter. No interim leadership disclosed.
8-K
Auditor switch at ChampionsGate
ChampionsGate Acquisition Corporation dismissed UHY LLP as its independent auditor on July 31, 2025, effective immediately, after a clean audit report for its 2024 inception period that flagged going concern doubts. The audit committee swiftly appointed TAAD, LLP to fill the role for the fiscal year ending December 31, 2025, with no prior consultations or disagreements noted. This switch signals routine oversight adjustments. No disruptions expected.
10-Q
Q1 FY2025 results
ChampionsGate Acquisition Corporation, a blank check company, reported a net loss of $117,327 for Q1 FY2025 ended March 31, 2025, up sharply from $55 in the prior-year period, driven by elevated formation and operating costs as it geared up for its IPO. With no revenue yet, the loss reflects pre-IPO expenses, while cash stood at $2,532 and a promissory note to related parties hit $417,147. Post-quarter, on May 29, 2025, it closed its IPO of 7,475,000 units at $10.00 each, raising $74.75M gross, plus $2.3M from 230,000 private placement units to Sponsor HoldCo, depositing $75.12M into trust for a future business combination. No free cash flow or non-GAAP metrics disclosed in the 10-Q. Liquidity improved to $464,339 outside trust for working capital. Yet the real pressure mounts: completing a deal within 18 months, or face liquidation.
CAPN
Cayson Acquisition Corp
10.61-0.01
CBGGF
Chain Bridge I
10.91+0.00
CHAC
Crane Harbor Acquisition Corp.
10.86-0.16
CHAR
Charlton Aria Acquisition Corpo
10.44+0.01
COPL
Copley Acquisition Corp
10.21+0.00
EGHA
EGH Acquisition Corp.
10.14+0.00
PGAC
Pantages Capital Acquisition Co
10.37+0.00
SOUL
Soulpower Acquisition Corporati
10.13+0.00
SPEG
Silver Pegasus Acquisition Corp
10.07-0.01
WTG
Wintergreen Acquisition Corp.
10.15+0.00