Company: CHPG
Filing Date: 2025-07-07
Form Type: 10-Q
Source: 0001213900-25-061810
Chunk: 2

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-07-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
    Preference
    Shares  
    Class
    A  
    Class
    B  
    Paid-in  
    Contribution  
    Accumulated  
    Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Shares(1)  
    Amount  
    Capital  
    Receivable  
    Deficit  
    Equity 
  
    Balance as of
    December 31, 2024 
     -  
    $-  
     -  
    $-  
     2,170,161  
    $217  
    $56,689  
    $(1) 
    $(250,846) 
    $(193,941)
  
    Net
    loss 
      -  
             -  
          -  
              -  
     -  
     -  
     -  
                 -  
     (117,327) 
     (117,327)
  
    Balance
    as of March 31, 2025 
         -  
    $      -  
     -  
    $-  
     2,170,161  
    $217  
    $56,689  
    $(1) 
    $(368,173) 
    $(311,268)

(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

STATEMENT OF CASH FLOWS

(UNAUDITED)

    For the 
period from 

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

    March 31,
 2025  
    March 31,
 2024 
  
    Cash Flows from Operating Activities: 

    Net loss 
    $(117,327) 
    $(55)
  
    Changes in operating assets