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Chenghe Acquisition III Co. [CHECW]

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This security represents warrants issued by Chenghe Acquisition III Co., a special purpose acquisition company. Warrants give holders the right to purchase shares of common stock at a predetermined exercise price, typically above the current market price at issuance. These warrants were issued as part of the SPAC's capital structure to provide additional value and upside potential to investors. Warrant holders can exercise their warrants by paying the strike price to receive common shares, or they can trade the warrants on the open market. Warrants typically have expiration dates several years from issuance, giving holders extended time to benefit from potential stock price appreciation. The terms including exercise price, expiration date, and exercise provisions are detailed in the company's warrant agreement and offering documents.