Chenghe Acquisition III Co. Units
CHECU
NASDAQ Global Select10.29
USD
- -
- -
CIK
0002047177
ISIN
KYG2086N1135
CUSIP
G2086N113
Return %
Stock
S&P500
1Y
3.00
26.53
3Y
3.00
76.60
5Y
3.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Shibin Wang
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 38 Beach Road Singapore United States of America 189767
- IPO Date
- Jul 3, 2025
- CIK
- 0002047177
- Website
- chengheinv.com
- Similar Companies
- Business
- <x Chenghe Acquisition III Co. is a blank check company that focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, primarily targeting growing companies in Asian markets or global companies with a presence or focus in Asia. The company offers units consisting of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at $11.50 per share 30 days after a business combination; it pursues opportunities across various industries and geographies but emphasizes the Asia Pacific region. Incorporated in 2024 and headquartered at 38 Beach Road #29-11, South Beach Tower, Singapore, the company operates in the shell companies segment of the financials sector, led by CEO and Chairman Shibin Wang, with no current commercial operations or subsidiaries. In September 2025, Chenghe Acquisition III priced its initial public offering of 11 million units at $10 each, raising $110 million, followed by the closing of the offering on September 17, 2025, for gross proceeds of $126.5 million including the full exercise of the underwriter's 1.65 million unit overallotment option; BTIG served as sole book-running manager. On November 10, 2025, the company announced the separate trading of its Class A ordinary shares under ticker CHEC and warrants under CHECW, commencing November 11, 2025, while units continue trading as CHECU on the Nasdaq Global Market. These developments provide capital and liquidity for pursuing a business combination within the standard 18-24 month timeframe.
Chenghe Acquisition III Co. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on November 11, 2025
Chenghe Acquisition III Co. Announces Closing of $126.5 Million Initial Public Offering, Including Full Exercise of the Underwriter's Overallotment Option
Chenghe Acquisition III Co. Announces the Pricing of $110 Million Initial Public Offering