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Futuremain, ChampionsGate Acquisition Sign Merger Agreement

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ChampionsGate Acquisition (CHPG, CHPGR, CHPGU) has entered into a merger and business combination agreement with engineering company Futuremain that is expected to result in a Nasdaq-listed company, Futuremain said Friday.

The deal values Futuremain at an estimated $80 million enterprise value, with shares valued at $10 apiece for the exchange consideration, ahead of an expected 2027 closing subject to regulatory and shareholder approvals.

Futuremain intends to use access to US capital markets to expand into North America and Europe, establish local service organizations and transition its ExRBM platform, powered by Physical AI, to a cloud-based subscription service, the company added.

Price: $10.50, Change: $+0.01, Percent Change: +0.10%

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National Beverage Fiscal Q1 Earnings Fall, Revenue Rises

National Beverage (FIZZ) reported fiscal Q1 earnings late Thursday of $0.50 per diluted share, down from $0.60 a year earlier.One analyst polled by FactSet expected $0.59.Revenue in the three months ended Aug. 1 rose to $330.7 million from $330.5 million a year earlier.One analyst projected $342.1 million.National Beverage shares fell 3% in after-hours trading.

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Zumiez Q2 Loss Widens, Revenue Falls; Sets Q3 Guidance

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Box, OpenAI Launch Integration to Access Enterprise Content in ChatGPT

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