ChampionsGate Acquisition Corporation Class A Ordinary Share
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $104.7M
- Price
- $10.48
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.29%
- Volume
- 5.1K
About
ChampionsGate Acquisition Corporation operates as a Special Purpose Acquisition Company (SPAC), an entity specifically established with the primary goal of completing a significant business transaction. This could involve various forms of corporate consolidation, such as a merger, the acquisition of assets or shares, or a strategic reorganization with one or more other companies or enterprises.
Quick stats
Shares outstanding10.0M
Computed float7.6M
Float / shares76.0%
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002024460
AI Summary
AI-generated1/2
majorbullishm and a
Futuremain Co., Ltd. enters into definitive business combination agreement with ChampionsGate Acquisition Corp
ChampionsGate Acquisition Corp (Nasdaq: CHPG) has signed a definitive business combination agreement with Futuremain Co., Ltd., a Korea-based engineering and IT firm specializing in safety diagnostics of factory machinery.
The deal values Futuremain at an estimated enterprise value of $80 million, with Pubco shares valued at $10.00 each for the share exchange; closing is expected in 2027, subject to shareholder approvals, regulatory approvals and customary conditions.
Post-close, Futuremain plans to expand into North America and Europe and transition its ExRBM Physical AI offering to a cloud-based subscription service, with the combined company listed on Nasdaq.
Red flags
- Closing expected in 2027 -- long-dated de-SPAC with shareholder and regulatory approval risk
- Small deal size ($80M target enterprise value) with no target revenue or profitability figures disclosed
- No trust balance, redemption details, or PIPE financing disclosed alongside the announcement
- Forward-looking statements explicitly flag risk of failure to meet Nasdaq listing standards post-close