--- title: "ChampionsGate to Merge With Futuremain in $80 Million Stock Deal" type: "News" locale: "en" url: "https://longbridge.com/en/news/299486805.md" description: "ChampionsGate Acquisition has signed a Business Combination Agreement with Futuremain in an $80 million all-stock deal. The transaction involves a two-step merger to create a Cayman Islands holding structure, listing Pubco shares on Nasdaq. Holdco shareholders will receive Pubco shares valued at $10.00 each. The deal includes lock-up agreements and registration rights, subject to customary approvals." datetime: "2026-09-18T20:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299486805.md) - [en](https://longbridge.com/en/news/299486805.md) - [zh-HK](https://longbridge.com/zh-HK/news/299486805.md) generator: "portal-rs" --- # ChampionsGate to Merge With Futuremain in $80 Million Stock Deal ChampionsGate Acquisition signed a Business Combination Agreement with Futuremain to create a Cayman Islands holding structure and list Pubco shares. The all-stock transaction provides $80 million of consideration to Holdco shareholders in Pubco shares valued at $10.00 each, via a two-step merger in which Holdco and then ChampionsGate become subsidiaries of Pubco. ChampionsGate shareholders will receive Pubco shares, with every eight rights converting into one Class A share prior to exchange, and no fractional shares issued. Related arrangements include a lock-up for certain Pubco holders and a registration rights agreement, alongside a planned 15% equity incentive pool, all subject to customary approvals and Nasdaq listing conditions. **Agreement 1: ChampionsGate to Merge With Futuremain in $80 Million Stock Deal** - **Agreement type**: Agreement and Plan of Merger and Business Combination Agreement - **Counterparty**: Futuremain - **Signed / Effective**: Sep 11 2026 / Sep 11 2026 - **Duration / Termination**: Until closing or termination - **Reason**: Take Futuremain public via SPAC business combination **Agreement 2: ChampionsGate Sets Lock-Up for Certain Pubco Shareholders at Closing** - **Agreement type**: Lock-Up Agreement - **Counterparty**: Certain Pubco shareholders - **Reason**: Promote orderly market following the combination **Agreement 3: ChampionsGate to Enter Registration Rights Agreement for Pubco Holders** - **Agreement type**: Registration Rights Agreement - **Counterparty**: Certain Pubco shareholders - **Reason**: Facilitate resale of Pubco shares post-closing Original SEC Filing: ChampionsGate Acquisition Corp \[ CHPG \] - 8-K - Sep. 18, 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) - [CHPGU.US](https://longbridge.com/en/quote/CHPGU.US.md) ## Related News & Research - [ChampionsGate Acquisition signs $80 million merger deal with South Korea’s Futuremain](https://longbridge.com/en/news/299484840.md) - [Futuremain Co., Ltd. enters into definitive business combination agreement with ChampionsGate Acquisition Corp | CHPG Stock News](https://longbridge.com/en/news/298738396.md) - [GRAPHIC-Take Five: AI trade meets the Fed](https://longbridge.com/en/news/302836715.md) - [Bloom Energy CEO Says America's Power Grid Can't Keep up With AI Boom: 'It Is Overwhelmed'](https://longbridge.com/en/news/302867539.md) - [IREN Stock: Why Analysts Still See Over 200% Upside Despite This Week's Plunge](https://longbridge.com/en/news/302922686.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**