ChampionsGate signs combination valuing Futuremain at $80 million
ChampionsGate ($CHPG) Acquisition agreed to combine with Futuremain, a Korean engineering and IT company specializing in safety diagnostics for industrial machinery. The transaction implies an estimated enterprise value of $80 million for Futuremain, with shares in the new listed parent valued at $10 each for exchange purposes. The parties expect the combined company to trade on Nasdaq after completion, targeted for 2027. Shareholder approvals, regulatory clearances and other closing conditions
0