ChampionsGate Acquisition Corp. Files 8-K: Agreements, Officer Changes
Ticker: CHPGR · Form: 8-K · Filed: Oct 20, 2025 · CIK: 2024460
| Field | Detail |
|---|---|
| Company | Championsgate Acquisition CORP (CHPGR) |
| Form Type | 8-K |
| Filed Date | Oct 20, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $13,250 |
| Sentiment | neutral |
Sentiment: neutral
Topics: definitive-agreement, management-change, corporate-governance
Related Tickers: CHPGU
TL;DR
CHPGU filed an 8-K detailing new definitive agreements and executive/director changes.
AI Summary
ChampionsGate Acquisition Corp. (CHPGU) announced on October 17, 2025, the entry into a material definitive agreement. The company also reported the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with compensatory arrangements for these officers. Additionally, a Regulation FD Disclosure and financial statements/exhibits were filed.
Why It Matters
This filing indicates significant corporate actions, including new agreements and changes in leadership, which could impact the company's strategic direction and operational structure.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and changes in corporate governance, which can introduce uncertainty and potential risks.
Key Players & Entities
- ChampionsGate Acquisition Corp. (company) — Filer of the 8-K report
- CHPGU (company) — Ticker symbol for ChampionsGate Acquisition Corp.
- October 17, 2025 (date) — Earliest event date reported
- October 20, 2025 (date) — Date of report filing
FAQ
What is the nature of the material definitive agreement entered into by ChampionsGate Acquisition Corp.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
Who are the directors or officers that have departed from ChampionsGate Acquisition Corp.?
The filing mentions the departure of directors or certain officers, but their names are not specified in the provided text.
Who has been elected as a director or appointed as an officer of ChampionsGate Acquisition Corp.?
The filing states the election of directors and appointment of certain officers, but their identities are not detailed in the provided text.
What are the compensatory arrangements for the newly appointed officers?
The filing notes compensatory arrangements for certain officers, but the specifics of these arrangements are not included in the provided text.
What is the primary purpose of this 8-K filing for ChampionsGate Acquisition Corp.?
This 8-K filing serves to report on the entry into a material definitive agreement, changes in directors/officers, and related compensatory arrangements, as well as Regulation FD disclosures and financial statements/exhibits.
Filing Stats: 1,204 words · 5 min read · ~4 pages · Grade level 10.5 · Accepted 2025-10-20 11:27:59
Key Financial Figures
- $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one Right to acquire one
- $13,250 — pursuant to which Mr. Lim shall receive $13,250 if and when the Company enters into a d
Filing Documents
- ea0261759-8k_champions.htm (8-K) — 37KB
- ea026175901ex10-1_champions.htm (EX-10.1) — 24KB
- ea026175901ex10-2_champions.htm (EX-10.2) — 85KB
- ea026175901ex99-1_champions.htm (EX-99.1) — 7KB
- 0001213900-25-100238.txt ( ) — 401KB
- chpgu-20251017.xsd (EX-101.SCH) — 4KB
- chpgu-20251017_def.xml (EX-101.DEF) — 27KB
- chpgu-20251017_lab.xml (EX-101.LAB) — 37KB
- chpgu-20251017_pre.xml (EX-101.PRE) — 25KB
- ea0261759-8k_champions_htm.xml (XML) — 7KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement As previously announced by ChampionsGate Acquisition Corporation ("CHPG" or the "Company"), on July 31, 2025, Mr. Bala Padmakumar, then Chairman, CEO and director of notified the board of directors (the "Board") of the Company, that he has decided to resign all the positions he held at the Company, effective immediately. On October 17, 2025, the Board decided to appoint Mr. Boon Liat Timothy Lim, a Singapore national, as the new Chairman, CEO and director of the Company, effective immediately. Mr. Boon Liat Timothy Lim, age 60, joins the Company as its new Chairman, CEO and director in October 2025. Mr. Lim has brought to the Company more than two decades of executive leadership and operational management experience in Southeast Asia. Since January 2022, Mr. Lim has served as an independent consultant, advising business leaders on a variety of strategic and management issues. Previously, Mr. Lim served in various roles at Dragon Group International Ltd ("Dragon Group"), an investment holding company previously listed on the Singapore Stock Exchange, including as an executive director and president of its APA group from 2006 to 2012, executive director and member of the board from 2009 to December 2021, and President and Acting CEO from April 2020 to December 2021. In these roles, Mr. Lim managed the company's business development and strategies across various business lines. In addition, Mr. Lim also held various roles at ASTI Holdings Ltd., the parent company of the Dragon Group and a major semiconductor developer listed on the Singapore Stock Exchange (SGX: 575), where he served as Group Administrative Officer from 2013 to December 2021, and as Executive Director and member of the board of directors from 2004 to December 2021. In his role as Group Administrative Officer, Mr. Lim supervised a variety of corporate functions for the group and its portfolio companies around the world. Earlier in his career, Mr.
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers The disclosures set forth above in Items 1.01 of this Current Report on Form 8-K is incorporated by reference herein.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The disclosures set forth above in Items 1.01 of this Current Report on Form 8-K is incorporated by reference herein. On October 20, 2025, the Company issued a press release (the "Press Release") announcing the appointment. A copy of the Press Release is furnished as Exhibit 99.1 hereto. The information in this Item 7.01 and Exhibit 99.1 furnished hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 10.1 Offer Letter, dated October 17, 2025 by and between the Registrant and Timthoy Lim 10.2 Indemnity Agreement , dated October 17, 2025 by and between the Registrant and Timthoy Lim 99.1 Press Release dated October 20, 2025 104 Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ChampionsGate Acquisition Corporation /s/ Evan M. Graj Name: Evan M. Graj Title: Chief Financial Officer Date: October 20, 2025 3