Company: CHPG
Filing Date: 2025-07-07
Form Type: 10-Q
Source: 0001213900-25-061810
Chunk: 1

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-07-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 Deficit 
     (311,268) 
     (193,941)
  
    Total Liabilities and Shareholders’ Deficit 
    $357,071  
    $295,105 

(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.

1

CHAMPIONSGATE ACQUISITION CORPORATION

STATEMENT OF OPERATIONS

(UNAUDITED)

    For the 
period from 

    For the
Three Months
 Ended  
    March 27, 
2024
 (Inception) to 

    March 31, 
2025  
    March 31,
 2024 
  
    Formation and operating costs 
    $117,327  
    $55 
  
    Net loss 
    $(117,327) 
    $(55)

    Basic and diluted weighted average Class B ordinary shares outstanding (1)(2) 
     1,887,097  
     1,887,097 

    Basic and diluted net loss per Class B ordinary share 
    $(0.06) 
    $(0.00)

(1)Excludes up to 283,064 of the Class B ordinary shares that were subject to surrender by the Sponsor for no consideration depending on the extent to which the underwriters’ over-allotment is exercised (see Note 5). On May 29, 2025, the Company consummated the Initial Public Offering of 7,475,000 units at $10.00 per unit, which includes the full exercise of the underwriter’s over-allotment option, therefore the 283,064 Class B ordinary shares are no longer subject to forfeiture.

(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.

2

CHAMPIONSGATE ACQUISITION CORPORATION

STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY
(DEFICIT)

(UN