Chenghe Acquisition III Class A (CHEC)
SPAC seeking a growth company in Asia or with an Asian focus.
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Seeks an initial business combination with a growth company in Asia or with an Asian focus, earning interest on trust cash while evaluating targets. The SPAC has no operating business or announced target, and its public shares are redeemable in connection with a proposed transaction.
Operates as a Cayman Islands special-purpose acquisition company with a sole mandate: find and complete an initial business combination. It has no operating segments, products, customers, commercial revenue, or identified target; current income comes from interest on trust cash rather than customer activity.
Focuses its search on growth companies in Asian markets or global companies with an Asian presence. Cites Chenghe Group's regional network, cross-border capital-markets experience, and de-SPAC background as sourcing and execution advantages. A qualifying transaction must meet Nasdaq fair-market-value requirements and leave the post-combination company with sufficient control of its target. If no business combination closes within its chartered timetable, public shares are redeemed from the trust and the company liquidates.
Company facts
No analyst consensus on record.
Not reported.
Balance sheet, Jun 30, 2026Cash & short-term investments $441.5K · Total debt $0 · Total assets $130.5M · Shareholders' equity −$4.9M
- Revenue
- $0
- Operating income
- −$294.4K
- Net income
- $774.0K
No dividends on record.
| Institutions48 holders · as of Mar 31, 2026 | 63.86% | 11.03M shares | |
| Otherremainder | 36.14% | 6.24M shares |
17.27M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Karpus Management, Inc.Institution | 6.88% | 1.19M A | 13Fas of Mar 31, 2026 |
Picton Mahoney Asset ManagementInstitution | 5.79% | 1.00M A | 13Fas of Mar 31, 2026 |
AQR Capital Management, LLCInstitution | 4.05% | 700,000 | 13Gfiled Nov 13, 2025 ↗ |
Hudson Bay Capital Management LPInstitution | 3.76% | 650,000 A | 13Fas of Mar 31, 2026 |
Berkley W R CorpInstitution | 3.30% | 570,610 A | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
- Origin Investment Corp I
Asia-focused Nasdaq SPAC competing for targets outside China and VIEs.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Chenghe Acquisition III Class A | $10.25 | +0.20% | $176.9M | 93.1 | — | — | — |
| Origin Investment Corp I | $10.44 | +0.38% | $90.0M | 44.8 | — | — | — |
| Median | 44.8 | — | — | — |