Company: CHPG
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111468
Chunk: 6

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 6
---
 74,750,000  
     - 
  
    Proceeds from private placement 
     2,300,000  
     - 
  
    Proceeds from promissory note - related party 
     95,048  
     219,862 
  
    Payment of promissory note - related party 
     (350,000) 
     - 
  
    Proceeds from working capital loan - related party 
     16,459  
     - 
  
    Proceeds from issuance of Class B ordinary shares 
     -  
     25,000 
  
    Payment of underwriter discount 
     (747,500) 
     - 
  
    Payment of deferred offering costs 
     (489,918) 
     (153,295)
  
    Net Cash Provided by Financing Activities 
     75,574,089  
     91,567 

    Net Change in Cash 
     17,348  
     48 

    Cash, beginning of period 
     3  
     - 
  
    Cash, end of period 
    $17,351  
    $48 

    Supplemental Disclosure of Noncash Activities: 

    Deferred offering costs included in accrued offering costs 
    $-  
    $70,010 
  
    Deferred underwriting commission payable 
    $1,495,000  
    $- 
  
    Capital contribution through repayment of promissory notes 
    $1  
    $- 
  
    Issuance of representative shares 
    $293,020  
    $- 
  
    Conversion of Class B shares to Class A shares 
    $80  
    $- 
  
    Initial measurement of carrying value to redemption value 
    $5,951,047  
    $- 
  
    Remeasurement of carrying value to redemption value 
    $1,043,808  
    $- 
  
    Related parties debt forgiveness 
    $108,602  
    $- 
  
    Conversion of promissory note - related party to working capital loan - related party 
    $76,975  
    $- 

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

4

CHAMPIONSGATE ACQUISITION CORPORATION
NOTES TO UNAUDITED FINANCIAL STATEMENTS

Note 1 — Organization, Business