CHECU

This security represents units issued by Chenghe Acquisition III Co., a special purpose acquisition company. Each unit typically consists of a combination of common stock and warrants or rights bundled together as a single tradable instrument. Units are offered during the SPAC's initial public offering to provide investors with combined exposure to both equity and potential additional upside through derivative securities. After a predetermined period following the IPO, units typically separate into their individual component parts, which then trade independently. The unit structure is designed to attract investors by offering leveraged participation in the SPAC's potential business combination. Investors purchasing units receive all included securities together, commonly one share of common stock plus a fraction of a warrant or right to acquire additional shares.