Championsgate Acquisition Corp. Dismisses UHY LLP as Auditor Over Going Concern Doubts

Reuters
Aug 06
Championsgate Acquisition Corp. Dismisses UHY LLP as Auditor Over Going Concern Doubts

ChampionsGate Acquisition Corporation has announced a change in its independent registered public accounting firm. On July 31, 2025, the company's audit committee authorized the dismissal of UHY LLP, effective immediately. UHY LLP had been responsible for auditing ChampionsGate's financial statements from its inception on March 27, 2024, through December 31, 2024. The audit report issued by UHY LLP did not contain any adverse opinions or disclaimers, except for a note expressing substantial doubt about the company's ability to continue as a going concern. The company also confirmed there were no disagreements with UHY LLP on accounting principles or practices during the audited period. ChampionsGate is in the process of appointing a new independent registered public accounting firm to oversee its financial audits moving forward.

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