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ChampionsGate Acquisition Corporation Unit 10-Q Filings

CHPGU NASDAQ

Every 10-Q that ChampionsGate Acquisition Corporation Unit (CHPGU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CHPGU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CHPGU filings page.

Rhea-AI Summary

ChampionsGate Acquisition Corporation, a Cayman Islands SPAC, reported unaudited results for the quarter and six months ended June 30, 2026. Total assets were $78.3 million, almost entirely investments in a U.S. Treasury-based trust account of $78.3 million, with minimal cash outside the trust of $16,618. Liabilities totaled $1.9 million, including a $1.5 million deferred underwriting commission and $334,815 of related-party working capital loans, resulting in shareholders’ deficit of $1.8 million.

The company recorded net income of $583,350 for the quarter and $1,154,720 for the first half of 2026, driven by $686,681 and $1,362,878, respectively, of interest and dividend income on trust investments, partially offset by formation and operating costs. As of June 30, 2026, 7,475,000 Class A ordinary shares were classified as redeemable at $10.47 per share, with 1,142,125 non-redeemable Class A and 1,370,161 Class B shares outstanding.

Management disclosed a working capital deficit of $285,727 and stated that expected costs to pursue a business combination, combined with limited cash, raise substantial doubt about the company’s ability to continue as a going concern within one year. Plans include using working capital loans and completing a business combination by the November 29, 2026 deadline (extendable to August 29, 2027). The company also concluded its disclosure controls and procedures were not effective as of June 30, 2026.

Rhea-AI Summary

ChampionsGate Acquisition Corporation reported unaudited results for the quarter ended March 31, 2026. The blank check company recorded net income of $571,370, driven mainly by $676,197 of interest and dividend income on investments in its trust account, while formation and operating costs were $104,827.

Total assets were $77,647,236, including $77,578,527 held in the trust account, and cash outside the trust account was $16,862. The balance sheet shows 7,475,000 Class A ordinary shares classified as subject to possible redemption at a redemption value of $10.38 per share.

As of March 31, 2026, the company had a working capital deficit of $182,396 and continues to rely on related-party working capital loans. Management states there is substantial doubt about the company’s ability to continue as a going concern if it cannot complete a business combination by its Combination Deadline, though trust funds remain invested in U.S. government securities.

Rhea-AI Summary

ChampionsGate Acquisition Corporation is a blank-check company formed to complete a business combination. The company completed an IPO selling 7,475,000 Units at $10.00 each, generating gross proceeds of $74,750,000, and sold 230,000 Private Placement Units for $2,300,000. Approximately $75.37 million is held in a U.S.-based trust account invested in short-term government/money-market instruments. Cash outside the trust was $383,204 and $3 as of June 30, 2025 and December 31, 2024, respectively. Management discloses substantial doubt about the company’s ability to continue as a going concern within one year and intends to address capital needs via working capital loans and the promissory note facilities disclosed.

The trust proceeds are restricted and will be released only upon certain events, including completion of an initial business combination or liquidation, per the stated Combination Deadline provisions.