ChampionsGate Acquisition Corp
For the period ended Mar 31, 2025. Filed Jul 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Jul 7, 2025
CHPG$10.530.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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BALANCE SHEETS (UNAUDITED)
BALANCE SHEETS
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current Assets | ||
| Cash | $2,532 | $3 |
| Prepaid expenses | 28,954 | 26,000 |
| Total Current Assets | 31,486 | 26,003 |
| Non-current Assets | ||
| Deferred offering costs | 325,585 | 269,102 |
| Total Assets | $357,071 | $295,105 |
| Liabilities and Shareholders’ Deficit | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | $98,688 | $67,398 |
| Accrued offering costs | 60,573 | 35,320 |
| Due to related parties | 91,931 | 54,401 |
| Promissory note - related party | 417,147 | 331,927 |
| Total Current Liabilities | 668,339 | 489,046 |
| Total Liabilities | 668,339 | 489,046 |
| Commitments and Contingencies (Note 6) | ||
| Shareholders’ Deficit: | ||
| Preference shares, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding | - | - |
| Class A ordinary shares, $0.0001 par value, 445,000,000 shares authorized, none issued and outstanding | - | - |
| Class B ordinary shares, $0.0001 par value, 50,000,000 shares authorized, 2,170,161 shares issued and outstanding (1)(2) | 217 | 217 |
| Additional paid-in capital | 56,689 | 56,689 |
| Contribution receivable | (1) | (1) |
| Accumulated deficit | (368,173) | (250,846) |
| Total Shareholders’ 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. |
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