Company: CHPG
Filing Date: 2025-05-06
Form Type: S-1/A
Source: 0001213900-25-039846
Chunk: 301

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-06
Form: S-1/A
Chunk 301
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 resources and assess performance. The Company’s chief operating decision maker has been identified as the Chief Executive Officer (“CODM”), who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics, which includes formation and operating costs and stock compensation expense. The following table presents the significant segment expenses of the Company’s single segment.

|                               |     | For the        
 period from    
 March 27,      
 2024           
 (Inception) to 
 December 31,   
 2024           |          |   |
|:------------------------------|:----|:---------------|---------:|:--|
| Formation and operating costs |     | $              |  218,941 |   |
| Stock compensation expense    |     |                |   31,905 |   |
| Net loss                      |     | $              | (250,846 | ) |

The key measures of segment profit or loss reviewed by our CODM is formation and operating costs. Formation and operating costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Proposed Public Offering and eventually a Business Combination within the business combination period. The CODM also reviews formation and operating costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

F-15 CHAMPIONSGATE ACQUISITION CORPORATION
NOTES TO FINANCIAL STATEMENTS Note 9 — Subsequent Events The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date when these financial statements were issued on March26, 2025. Based on this review, except as discussed below, the Company did not identify any subsequent events that would require adjustment or disclosure in the financial statements. On February25, 2025, the Sponsor agreed to transfer all the insider shares it held to Sponsor HoldCo as capital contribution, in exchange for the issuance of 100 membership interests to the Sponsor and for the admission of the Sponsor as the sole member of the Sponsor HoldCo. Subsequent to March26, 2025: On April30, 2025, the Company changed the terms of its Proposed Public Offering. Pursuant to the updated terms of Proposed Public Offering, the Company intends to offer for sale of 6,500,000 units (the “Units”),