Recent Updates — CHPG

ChampionsGate Acquisition Corporation entered into a Business Combination Agreement with Futuremain Co., Ltd. on September 11, 2026. The transaction involves a merger where Holdco merges into ChampionsGate, which survives as a subsidiary of the new public company, Pubco. Holdco shareholders will receive Pubco Shares valued at $80,000,000 based on a deemed value of $10.00 per share. ChampionsGate shareholders will exchange their ordinary shares for one Pubco Share each, and rights will convert into additional shares at a rate of eight rights to one share. The combined entity's board will consist of five directors, with an equity incentive plan pool of not less than 15% established. Closing is subject to customary conditions including shareholder approval and regulatory clearances. ChampionsGate Acquisition Corporation operates as a blank check company in the financial services industry.

ChampionsGate Acquisition Corp announced on September 11, 2026, that it entered into a definitive Agreement and Plan of Merger and Business Combination Agreement with Futuremain Co., Ltd. The transaction will result in Futuremain becoming an indirect wholly owned subsidiary of the combined public company, Pubco, which is expected to be listed on Nasdaq. The exchange consideration values Pubco shares at USD $10.00 per share, representing an estimated enterprise value for Futuremain of USD $80 million. The deal is anticipated to close in 2027, subject to shareholder and regulatory approvals. ChampionsGate Acquisition Corp operates as a special purpose acquisition company (SPAC) focused on effecting business combinations with private entities.