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Chenghe Acquisition III Filed Terms, Nasdaq: CHECU

Blank check company targeting businesses in or with a presence in Asia.

Industry: SPAC

We are a blank check company. While we may pursue an initial target business in any industry, geography, or sector, we intend to focus our search on growing companies in Asian markets or global companies with a presence or focus in Asia. Our co-sponsors are affiliated with Chenghe Group Ltd. (“Chenghe Group”), an investment holding company with an advisory practice, and a repeat SPAC sponsor which has backed and led multiple SPAC vehicles from the formation of such vehicles to consummation of their initial business combinations. Our company is led by our CEO and Chairman, Dr. Shibin Wang, and supported by Chairman of the Advisory Board, Richard Li, our CFO, Lyle Wang, and our COO, Houston Li. Mr. Richard Li is the founder of Chenghe Group, and both of Mr. Lyle Wang and Mr. Houston Li serve on Chenghe Group’s investment team. These members of our management played a critical role in the formation, initial public offerings and business combinations of prior SPACs sponsored by Chenghe Group.
IPO Data
IPO File Date 07/03/2025
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 11.0
Deal Size ($mm) $110
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BTIG
CBC Securities
Company Data
Headquarters Singapore
Founded 2024
Employees at IPO 2

Chenghe Acquisition III (CHECU) Performance

Created with Highcharts 10.3.2Chart context menuCHECU vs. IPO Index (IPOUSA)May 19May 26Jun 2Jun 9Jun 16Jun 23Jun 30Jul 7Jul 14Jul 21Jul 28Aug 4Aug 110%+ 10%+ 20%-10%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index