ChampionsGate Acquisition Corporation (CHPGU) Prices $65M IPO

ChampionsGate Acquisition Corporation (NASDAQ:CHPGU) announced the pricing of its $65 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CHPGU”, Wednesday, May 28, 2025.

The new SPAC plans to conduct a broad search for a target company with a team experienced in the technology sector of the Asia-Pacific region.

ChampionsGate’s management team is led by Chief Executive Officer and Chairman Bala Padmakumar alongside Chief Financial Officer Evan M. Graj. The Board also includes William W. Snyder, David Mao and Robert H. Grigsby.

Total SPAC deal count for 2025 year-to-date is now 50. This offering is expected to close on Thursday, May 29, 2025.

Clear Street is acting as the sole book-running manager in the offering. Robinson+Cole LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.