SCHEDULE: Mangrove Partners Discloses Stake in ChampionsGate Acquisition Corp.
Schedule 13G Filing
Mangrove Partners IM, LLC and Nathaniel August have reported beneficial ownership of 2.78% of ChampionsGate Acquisition Corporation's Class A ordinary shares as of June 30, 2026.
Summary
- Mangrove Partners IM, LLC and Nathaniel August have filed a Schedule 13G, indicating their beneficial ownership of 239,875 shares of ChampionsGate Acquisition Corporation's Class A ordinary shares.
- This holding represents 2.78% of the class of securities.
- The shares are held directly by The Mangrove Partners Master Fund, Ltd.
- Mangrove Partners IM, LLC acts as the investment manager for the Master Fund.
- Nathaniel August, as President of Mangrove Partners IM, LLC, may also be deemed to beneficially own these shares.
- The filing is an amendment (Amendment No. 1) to a previous filing.
- The reporting date for the beneficial ownership is June 30, 2026.
- The outstanding shares figure used for percentage calculation is 8,617,125 as of May 14, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. It's a standard disclosure of beneficial ownership for a passive investment stake, providing transparency without indicating positive or negative performance for the issuer.
Positives
- Mangrove Partners IM, LLC and Nathaniel August have disclosed a significant stake, indicating investor interest in ChampionsGate Acquisition Corporation.
- The reporting of beneficial ownership is a standard disclosure that provides transparency to the market.
Negatives
- The filing does not contain any negative financial performance indicators or operational challenges for ChampionsGate Acquisition Corporation.
- No specific details are provided regarding the strategy or performance of ChampionsGate Acquisition Corporation itself, only the stake held by Mangrove Partners.
Risks
- The filing does not explicitly mention any risks associated with ChampionsGate Acquisition Corporation's operations or future prospects.
- Potential risks for investors could include the typical uncertainties associated with special purpose acquisition companies (SPACs) and their ability to complete a business combination.
- Changes in beneficial ownership by significant holders like Mangrove Partners could signal shifts in market sentiment or strategic intentions, which could pose a risk if not aligned with the company's overall strategy.
Future Outlook
The filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or guidance regarding the future performance of ChampionsGate Acquisition Corporation. The outlook is limited to the reporting of ownership stakes.
Management Comments
- Mangrove Partners IM, LLC and Nathaniel August may be deemed to beneficially own the securities reported herein in their capacities as investment manager and President, respectively.
- The filing of this SCHEDULE 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the Shares reported herein.
- Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that are not directly owned by such Reporting Person.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by Mangrove Partners IM, LLC and Nathaniel August indicates a passive investment stake in ChampionsGate Acquisition Corporation, a special purpose acquisition company (SPAC). Such filings are common as institutional investors build positions in SPACs, often prior to or in anticipation of a business combination announcement.
Stakeholder Impact
- Shareholders: Increased transparency regarding significant ownership stakes can influence investor confidence and market perception.
- Management of ChampionsGate Acquisition Corporation: Awareness of significant passive holdings by entities like Mangrove Partners can inform strategic decisions.
- Potential Target Companies: If ChampionsGate Acquisition Corporation is pursuing a business combination, the disclosed stake might be a factor in negotiations or due diligence.
Next Steps
- The reporting persons will continue to monitor their investment in ChampionsGate Acquisition Corporation.
- ChampionsGate Acquisition Corporation is expected to continue its efforts to identify and complete a business combination.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Date as of which the Issuer reported 8,617,125 Shares outstanding in its 10-Q filing. |
| 05/15/2026 | Date the Issuer's 10-Q filing was made with the SEC. |
| 06/30/2026 | Date of Event Which Requires Filing of this Statement (Reporting date for beneficial ownership). |
| 07/20/2026 | Date of signature for the Schedule 13G filing. |
Keywords
ChampionsGate Acquisition Corporation, Schedule 13G, Mangrove Partners IM, LLC, Nathaniel August, Beneficial Ownership, Class A ordinary shares, SPAC, SEC Filing
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