FTCM/FTCS Joint 13G Filing Shows 496,935 Shares (5.77%) in CHPGU

Rhea-AI Filing Summary

First Trust affiliates report a material passive stake in ChampionsGate Acquisition Corp. Three related entities—First Trust Capital Management L.P., First Trust Capital Solutions L.P. and FTCS Sub GP LLC—jointly report beneficial ownership of 496,935 Class A Ordinary Shares, equal to 5.77% of the class. The shares are held through client accounts for which the investment adviser has authority to purchase, vote and dispose of securities, and the filing states the position is held in the ordinary course of business and not to influence control.

The filing shows sole voting and dispositive power over the reported shares and notes that the control persons (FTCS and Sub GP) do not own shares for their own accounts but may be deemed to control the adviser.

Positive

• Reported beneficial ownership of 496,935 shares, representing 5.77% of the Class A Ordinary Shares
• Schedule 13G filing indicates a passive position held in the ordinary course via client accounts (not intended to influence control)

Negative

• None.

Insights

Financial Analyst

TL;DR: A >5% passive stake by First Trust is material disclosure but signals no intent to seek control.

The Schedule 13G shows a 5.77% position (496,935 shares) held via client accounts advised by First Trust Capital Management L.P., which implies the adviser has voting and dispositive authority over the holdings. Crossing the 5% threshold requires public disclosure and can affect float and investor awareness, yet the filer expressly states the holdings are passive and not intended to change control. This is informational for market participants and may prompt monitoring of future filings for changes in intent or size.

Corporate Governance Expert

TL;DR: The joint 13G filing documents ownership structure and control relationships; no governance challenge is indicated.

The filing clarifies that FTCS and FTCS Sub GP are control persons of the adviser and may be deemed beneficial owners through that control, while they state they do not hold the shares for their own accounts. The use of Schedule 13G and the certification language confirms the filer represents a passive position. From a governance perspective, this filing does not signal an active push for board influence or a change-of-control campaign, but it establishes transparency about who holds voting power over a meaningful minority stake.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ChampionsGate Acquisition Corp

(Name of Issuer)

Class A Ordinary Shares, par value $0.0001 per share ("Ordinary Shares")

(Title of Class of Securities)

G2124S108

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G2124S108

1

Names of Reporting Persons

First Trust Capital Management L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 496,935.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 496,935.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

496,935.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.77 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. G2124S108

1

Names of Reporting Persons

First Trust Capital Solutions L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 496,935.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 496,935.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

496,935.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.77 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G2124S108

1

Names of Reporting Persons

FTCS Sub GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 496,935.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 496,935.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

496,935.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.77 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ChampionsGate Acquisition Corp
(b)	Address of issuer's principal executive offices: 419 WEBSTER ST, MONTEREY, CA, 93940
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed jointly by First Trust Capital Management L.P. ("FTCM"), First Trust Capital Solutions L.P. ("FTCS") and FTCS Sub GP LLC ("Sub GP"). (1) FTCM, an investment adviser registered with the SEC that provides investment advisory services to, among others, (i) series of Investment Managers Series Trust II, an investment company registered under the Investment Company Act of 1940, specifically First Trust Multi-Strategy Fund and First Trust Merger Arbitrage Fund, and (ii) Highland Capital Management Institutional Fund II, LLC, a Delaware limited liability company (collectively, the "Client Accounts"). (2) FTCS, a Delaware limited partnership and control person of FTCM. (3) Sub GP, a Delaware limited liability company and control person of FTCM. Each of the persons identified herein is referred to as a "Reporting Person" and, collectively, as the "Reporting Persons." Each of the Reporting Persons is a party to that certain Joint Filing Agreement attached hereto.
(b)	Address or principal business office or, if none, residence: The principal business address of FTCM, FTCS and Sub GP is 225 W. Wacker Drive, 21st Floor, Chicago, IL 60606.
(c)	Citizenship: United States
(d)	Title of class of securities: Class A Ordinary Shares, par value $0.0001 per share ("Ordinary Shares")
(e)	CUSIP No.: G2124S108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: As investment adviser to the Client Accounts, FTCM has the authority to invest the funds of the Client Accounts in securities (including Ordinary Shares of ChampionsGate Acquisition Corp (the "Issuer")) as well as the authority to purchase, vote and dispose of securities, and may thus be deemed the beneficial owner of any shares of the Issuer's Ordinary Shares held in the Client Accounts. As of June 30, 2025 FTCM, FTCS and Sub GP collectively owned 496,935 shares of the outstanding Ordinary Shares of the Issuer. FTCS and Sub GP may be deemed to control FTCM and therefore may be deemed to be beneficial owners of the Ordinary Shares reported in this Schedule 13G. No one individual controls FTCS or Sub GP. FTCS and Sub GP do not own any Ordinary Shares of the Issuer for their own accounts.
(b)	Percent of class: FTCM, FTCS and Sub GP: 5.77%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: FTCM, FTCS and Sub GP: 496,935
	(ii) Shared power to vote or to direct the vote: FTCM, FTCS and Sub GP: 0
	(iii) Sole power to dispose or to direct the disposition of: FTCM, FTCS and Sub GP: 496,935
	(iv) Shared power to dispose or to direct the disposition of: FTCM, FTCS and Sub GP: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See Item 4.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Item 2.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

First Trust Capital Management L.P.

Signature:	/s/ Chad Eisenberg
Name/Title:	Chief Operating Officer
Date:	08/14/2025

First Trust Capital Solutions L.P.

Signature:	/s/ Chad Eisenberg
Name/Title:	Chief Operating Officer
Date:	08/14/2025

FTCS Sub GP LLC

Signature:	/s/ Chad Eisenberg
Name/Title:	Chief Operating Officer
Date:	08/14/2025

Exhibit Information

Exhibit I: Joint Filing Statement

FAQ

How many ChampionsGate (CHPGU) shares did First Trust report owning?

The reporting persons disclosed beneficial ownership of 496,935 shares of CHPGU.

What percentage of ChampionsGate (CHPGU) does the 496,935-share position represent?

The position represents 5.77% of the Class A Ordinary Shares.

Who filed the Schedule 13G for CHPGU?

The filing was made jointly by First Trust Capital Management L.P., First Trust Capital Solutions L.P., and FTCS Sub GP LLC.

Does the filing indicate First Trust intends to influence control of ChampionsGate?

No; the Schedule 13G includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

What voting and dispositive power does the filer report for the CHPGU shares?

The reporting persons state they have sole voting power and sole dispositive power over all 496,935 shares and 0 shared voting or dispositive power.