SINGAPORE, Sept. 15, 2025 — Chenghe Acquisition III Co. (“the Company”), a newly established special purpose acquisition company incorporated in the Cayman Islands, today announced the pricing of its initial public offering, comprising 11,000,000 units at $10.00 per unit. These units are anticipated to begin trading on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “CHECU” on September 16, 2025. Each unit includes one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant, which becomes exercisable 30 days following the completion of the Company’s initial business combination, will grant the holder the right to purchase one Class A ordinary share at $11.50 per share. Fractional warrants will not be issued upon the separation of units, and only whole warrants will be traded. Once the securities comprising the units commence separate trading, the Company expects its Class A ordinary shares and warrants to be listed on Nasdaq under the symbols “CHEC” and “CHECW,” respectively.
BTIG, LLC is serving as the sole book-running manager for this offering.
The Company has provided the underwriter with a 45-day option to acquire up to an additional 1,650,000 units at the initial public offering price to cover any over-allotments. The offering is projected to conclude on September 17, 2025, subject to standard closing conditions.
A registration statement concerning these securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on September 15, 2025. The public offering is being conducted solely through a prospectus. When available, copies of the prospectus can be obtained from BTIG, LLC, located at 65 East 55th Street, New York, New York 10022, Attn: Syndicate Department, or via email at , or by visiting the SEC’s website, .
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
About Chenghe Acquisition III Co.
The Company is a special purpose acquisition company, incorporated under Cayman Islands law, established to execute mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more entities. While the Company may pursue acquisition opportunities across any business, industry, sector, or geographical area, its strategy is to concentrate its search on expanding companies in Asian markets or global firms with an existing presence or focus in Asia.
Forward-Looking Statements
This press release contains statements categorized as “forward-looking statements,” which include remarks regarding the proposed initial public offering, the anticipated gross proceeds from the offering, the closing of the offering, the Company’s pursuit of an initial business combination, and the projected use of the net proceeds from the offering. No guarantee can be provided that the aforementioned offering will be completed on the terms described, or at all, or that the Company will ultimately finalize a business combination transaction within its targeted sector or otherwise. Management has based these forward-looking statements on its current expectations, assumptions, estimates, and projections. While these expectations, assumptions, estimates, and projections are believed to be reasonable, such forward-looking statements are merely predictions and involve inherent known and unknown risks and uncertainties, many of which are beyond management’s influence. Forward-looking statements are subject to numerous conditions, many outside the Company’s control, including those detailed in the Risk Factors section of the Company’s Registration Statement on Form S-1 and preliminary prospectus for its offering filed with the SEC. Copies of these documents are accessible on the SEC’s website, at . The Company disclaims any obligation to update these statements for revisions or changes subsequent to the date of this release, except as legally mandated.
Company Contact:
Chenghe Acquisition III Co.
38 Beach Road #29-11
South Beach Tower
Singapore 189767
Attn: Shibin Wang
Email:
Tel: (65) 9851 8611
