CHPG · ChampionsGate Acquisition Corp · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“As of June 30, 2026, the Company had a working capital deficit of $285,727. The Company expects to incur significant costs in pursuit of its acquisition plans. These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited financial statements are issued. Management's plans to address this need for capital through the Working Capital Loans, as defined below (see Note 5). In addition, if the Company is unable to complete a Business Combination before the Combination Deadline, the Company's board of directors would proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company. There is no assurance that the Company's plans to raise capital or to consummate a Business Combination will be successful or successful within the required period. As a result, management has determined that such additional condition also raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-05-27 | Snyder William Walter |
Director, CEO, Chairman, Director |
Buy↓
Filing footnotes — Class B Ordinary Share (Direct)
ST Sponsor Investment LLC (the "Sponsor HoldCo") assigned 20,000 Class B ordinary shares of ChampionsGate Acquisition Corporation (the "Issuer") to Mr. Snyderimmediately following the effectiveness of the Issuer's Registration Statement on Form S-1 (File No.: 333-283689) pursuant to a securities transfer agreement dated May 27,2025, at a per-share price of $0.004. As a result, Mr. Snyder directly owns 20,000 Class B ordinary shares of the Issuer. Class B ordinary shares will automatically convert intoClass A ordinary shares on one-for-one basis upon the consummation of an initial business combination. |
Class B Ordinary Share
|
20,000 |