ChampionsGate SPAC signs $80M merger with Korean machinery-diagnostics firm Futuremain

ChampionsGate Acquisition Corp

Deal value $80,000,000 payable in Pubco Shares at $10.00 per share; Futuremain is Suwon-based machinery diagnostics firm.
At closing, Merger Sub I merges into Holdco; Merger Sub II merges into ChampionsGate, which becomes Pubco subsidiary.
ChampionsGate shareholders receive one Pubco Share per ordinary share; every 8 rights convert to one Class A ordinary share.
Pubco board set at 5 directors: 3 sponsor-designated, 2 Holdco-designated; officers of Holdco serve as Pubco officers.
Closing subject to shareholder approvals, Nasdaq listing, HSR; termination deadline December 31, 2027.

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