CHEC

Chenghe Acquisition III Co. is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company raised capital through its initial public offering with the objective of identifying and acquiring a target company within a specified period. Chenghe Acquisition III focuses on leveraging its management team's expertise and networks to source attractive business combination opportunities. The SPAC structure allows private companies to access public capital markets through merger rather than traditional IPO processes. Funds raised in the offering are held in trust until a business combination is completed, protecting shareholder capital and providing redemption rights if shareholders choose not to participate in the eventual transaction.