Chenghe Acquisition Co.
CHEAU
NASDAQ Global Market8.57
USD
-0.71
- -
Chenghe Acquisition Co.
CHEAU
(NASDAQ Global Market)
Recent
price
8.57
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Chenghe Acquisition Co. (Nasdaq: CHEAU) operates as a blank check company whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses; it conducts no other operations and generates no revenue. The company, founded in 2021 and headquartered at 38 Beach Road #29-11 South Beach Tower in Singapore, focuses its search for initial business combination targets primarily on financial technology and technology-enabled financial service companies—including artificial intelligence, big data, cloud and blockchain-related initiatives—in Asian markets excluding Mainland China, Hong Kong or Macau, where its management team's expertise can drive long-term shareholder value. Chenghe Acquisition Co. priced its initial public offering of US$100 million units in April 2022, with Morgan Stanley & Co. LLC and EarlyBirdCapital, Inc. serving as joint book-running managers and Revere Securities LLC as co-manager; as of late 2025, the company has not announced or completed any business combination, remaining in the target search phase amid ongoing Nasdaq trading of its units.
Chenghe Acquisition Raises $115 Million For Asia Fintech Target
Chenghe Group's Second SPAC Is Pursuing Merger Targets Beyond China