LatAmGrowth SPAC
LATGW
NASDAQ Global Market0.02
USD
-0.03
- -
CIK
0001868269
Return %
Stock
S&P500
1Y
-56.71
18.02
3Y
-90.00
64.11
5Y
-90.00
72.15
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
- Gerard Cremoux
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Pedregal 24 Mexico City DF Mexico 11000
- IPO Date
- Mar 17, 2022
- CIK
- 0001868269
- Similar Companies
- Business
- LatAmGrowth SPAC was established as a blank check company with the objective of executing a merger, share exchange, asset acquisition, or similar business combination with one or more enterprises. Launched in January 2022 following a $130 million initial public offering, the entity initially sought to identify high-growth opportunities within Latin America, including Brazil, or among Hispanic-owned businesses located in the United States. Its investment strategy focused on companies exhibiting significant technological advantages or those poised to benefit from the region's expanding middle class. Although incorporated as a Cayman Islands exempted company in May 2021, its operational context was rooted in Mexico City, Mexico. However, in October 2023, the sponsor of LatAmGrowth SPAC was acquired by Chenghe Acquisition III Co., leading to the entity being renamed Chenghe Acquisition I Co. and shifting its strategic direction to target cutting-edge industries in the Asia Pacific region. Subsequently, in December 2023, Chenghe Acquisition I Co. entered into a definitive business combination agreement with FST Corp., a Taiwanese firm, effectively concluding its original Latin American-focused mandate.