--- title: "ChampionsGate Acquisition 2025 10-K: $0 Revenue, Net Income $1.18M" type: "News" locale: "en" url: "https://longbridge.com/en/news/282390846.md" description: "ChampionsGate Acquisition reported no operating revenues for 2025, with a net income of $1.18 million primarily from interest and dividends. The company, a special-purpose acquisition vehicle, has not engaged in operations or generated revenues. It completed an IPO raising $74.75 million and maintains approximately $75.12 million in a trust for future acquisitions. The company has $1.5 million in cash for operational needs and its shares are traded on Nasdaq under the tickers CHPG and CHPGR." datetime: "2026-04-10T21:15:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282390846.md) - [en](https://longbridge.com/en/news/282390846.md) - [zh-HK](https://longbridge.com/zh-HK/news/282390846.md) generator: "portal-rs" --- # ChampionsGate Acquisition 2025 10-K: $0 Revenue, Net Income $1.18M ChampionsGate Acquisition reported no operating revenues for the year ended December 31, 2025, and therefore recorded no earnings per-share metric in the extracted sections. The company posted net income of $1,175,395 for the year, driven by interest and dividends held in its trust, while operating activities produced an operating loss. ChampionsGate Acquisition remains a special-purpose acquisition vehicle focused on completing an initial business combination. **Financial Highlights** - **Revenue**: $0 — the company has not engaged in operations or generated revenues to date. - **Gross Profit**: $0 — no operating activities or sales occurred, so no gross profit was reported. - **Operating Income**: $(447,281) — reflects formation and operating costs (excludes stock-based compensation of $155,904). - **Net Income**: $1,175,395 for the year ended December 31, 2025 — primarily attributable to interest and dividends on the trust account totaling $1,778,580 less expenses. - **Net Income Per Share**: Not reported in the extracted sections. **Business Highlights** - **IPO & Capital Formation**: Completed an initial public offering on May 29, 2025, raising $74.75 million alongside a concurrent private placement to fund the company’s trust for a future acquisition. - **Primary Activity**: Operates as a blank-check company focused exclusively on identifying, diligencing, and completing an initial business combination; no operating revenues to date. - **Trust Account Strategy**: Approximately $75.12 million placed in a U.S.-based trust invested in short-term government securities to preserve capital for the merger. - **Operational Runway & Liquidity**: Maintains roughly $1.5 million of cash and equivalents outside the trust for deal sourcing and due diligence, with sponsor loans available to cover working capital needs. - **Market Access & Trading**: Units have been separated for trading; Class A shares and rights are listed on Nasdaq under the tickers CHPG and CHPGR, supporting investor liquidity ahead of a potential business combination. Original SEC Filing: ChampionsGate Acquisition Corp \[ CHPG \] - 10-K - Apr. 10, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [CHPG.US](https://longbridge.com/en/quote/CHPG.US.md) - [CHPGR.US](https://longbridge.com/en/quote/CHPGR.US.md) ## Related News & Research - [Crypto platform on alert lists opens Hong Kong office, prompting calls for scrutiny](https://longbridge.com/en/news/302948940.md) - [Saratoga Investment - Corporate bond price target increased by 13.78% to $37.75](https://longbridge.com/en/news/302950487.md) - [AI fever ignites a boom in thematic ETFs as fund managers hunt for their next big hit](https://longbridge.com/en/news/302963080.md) - [Oracle Stocks Edge Up as $1 Billion Backs AI Partners](https://longbridge.com/en/news/302919901.md) - [Memory Stocks Are Plummetting. Jensen Huang Says the Bears Have It Wrong.](https://longbridge.com/en/news/302948213.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**