---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-051329"
form_type: "8-K"
ticker: "CHPG"
cik: "0002024460"
company_name: "ChampionsGate Acquisition Corp"
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T23:04:37.264976+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ChampionsGate SPAC completes $74.75M IPO; auditor flags going concern doubt

## Summary
- IPO of 7,475,000 units at $10.00/unit raised $74.75M gross; full over-allotment exercised.
- Private placement of 230,000 units to sponsor ST Sponsor Investment LLC for $2.30M.
- Net proceeds of $75.12M deposited in trust account at $10.05 per unit.
- Auditor UHY LLP cites substantial doubt about going concern; working capital only $162k.
- Company has no revenue, expects significant costs; plans working capital loans to fund operations.

## SEC filing metadata
- accession: 0001213900-25-051329
- form_type: 8-K
- ticker: CHPG
- cik: 0002024460
- company_name: ChampionsGate Acquisition Corp
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2024460/000121390025051329/0001213900-25-051329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2024460/000121390025051329/ea0244455-8k_champions.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-051329
- JSON: https://secwatch.observer/filing/0001213900-25-051329.json
- Plain text: https://secwatch.observer/filing/0001213900-25-051329.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.