Company: CHPG
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111468
Chunk: 5

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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,443)
  
    Balance
    as of September 30, 2024 
     -  
    $-  
     -  
    $-  
     2,170,161  
    $217  
    $56,689  
    $(1) 
    $(172,120) 
    $(115,215)

(1)This number includes 283,064 Class B ordinary shares outstanding
as the over-allotment option was exercised in full on May 29, 2025 (see Note 5).

(2)Gives retroactive effect to forfeiture of 4,507,258 shares issue
to the Sponsor at par value on April 30, 2025.

The accompanying notes are an integral part of these unaudited financial statements.

3

CHAMPIONSGATE ACQUISITION CORPORATION

STATEMENTS OF CASH FLOWS

(UNAUDITED)

    For The 
Nine Months Ended
  
    For The
 Period From
 March 27,
 2024 
(Inception) Through 

    September 30,
 2025  
    September 30, 
2024 
  
    Cash Flows from Operating Activities: 

    Net income (loss) 
    $494,905  
    $(172,120)
  
    Adjustments to reconcile net loss to net cash used in operating activities 

     Stock compensation expense 
     155,904  
     31,905 
  
    Interest and dividend earned on investments held in Trust Account 
     (1,043,808) 
     - 
  
    Changes in operating assets and liabilities: 

    Prepaid expenses 
     (57,547) 
     (26,000)
  
    Due to related parties 
     54,201  
     16,774 
  
    Accounts payable and accrued expenses 
     (36,646) 
     57,922 
  
    Net Cash Used in Operating Activities 
     (432,991) 
     (91,519)

    Cash Flows from Investing Activity: 

    Purchase of investments held in trust account 
     (75,123,750) 
     - 
  
    Net Cash Used in investing Activity 
     (75,123,750) 
     - 

    Cash Flows from Financing Activities: 

    Proceeds from public offering