SCHEDULE: Mangrove Partners Discloses 5.71% Stake in ChampionsGate
Beneficial Ownership Disclosure
Mangrove Partners IM, LLC and Nathaniel August have reported a 5.71% passive ownership stake in ChampionsGate Acquisition Corp's Class A ordinary shares.
Summary
- Mangrove Partners IM, LLC and Nathaniel August collectively beneficially own 491,641 Class A ordinary shares of ChampionsGate Acquisition Corp.
- This ownership represents 5.71% of the issuer's Class A ordinary shares outstanding.
- The shares are held directly by The Mangrove Partners Master Fund, Ltd., with Mangrove Partners IM, LLC serving as the investment manager.
- Nathaniel August, as the principal of Mangrove Partners IM, LLC, is also deemed to beneficially own these securities.
- The beneficial ownership is passive, as certified by the reporting persons, indicating no intent to change or influence control of the issuer.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a routine disclosure of passive ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- Disclosure of a significant passive stake by an institutional investor, Mangrove Partners IM, LLC, and its principal, Nathaniel August, indicating investor interest in ChampionsGate Acquisition Corp.
Future Outlook
This Schedule 13G filing does not contain any forward-looking statements or guidance regarding the issuer's future performance or strategic direction.
Management Comments
- Nathaniel August, President of Mangrove Partners IM, LLC, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.
Industry Context
This filing represents a routine disclosure of a passive investment stake by an institutional investor in a publicly traded company, common in the financial markets, particularly for Special Purpose Acquisition Companies (SPACs) like ChampionsGate Acquisition Corp.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling investor confidence.
- Market: Informs the market of a substantial passive stake, which can contribute to liquidity and trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Effective date of change in Nathaniel August's beneficial ownership structure, where interests were contributed to Mangrove Holding, Inc. and then sold to Mangrove Retirement Savings Plan. |
| 08/15/2025 | Date of the Issuer's 10-Q filing, reporting 8,617,125 shares outstanding used for percentage calculation. |
| 09/30/2025 | Date of event which required the filing of this statement. |
| 11/14/2025 | Date the Schedule 13G statement was signed and filed. |
Recommendation
holdThis Schedule 13G filing merely discloses a passive ownership stake by Mangrove Partners IM, LLC and Nathaniel August in ChampionsGate Acquisition Corp. It does not contain financial performance data, strategic updates, or other information typically used to make a 'buy' or 'sell' recommendation. Therefore, a 'hold' recommendation is appropriate as this filing alone does not alter the fundamental investment thesis.
Keywords
ChampionsGate Acquisition Corp, Mangrove Partners IM, Nathaniel August, Schedule 13G, passive investment, Class A ordinary shares, share ownership, institutional ownership, beneficial ownership
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