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Ipos overview

Chenghe Acquisition III Co. (CHECU)


Company Overview

Proposed Symbol CHECU
Company Name Chenghe Acquisition III Co.
Exchange NASDAQ Global
Share Price $10.00
Employees 2 (as of 09/17/2025)
Status Priced
Shares Offered 11,000,000
Offer amount $110,000,000
Shares Over Alloted
Company Address 89 NEXUS WAY CAMANA BAY GRAND CAYMAN KY1-9009
Company Phone 202-551-1206
Company Website www.serenoclouds.com
CEO Shibin Wang
State of Inc
Fiscal Year End 12-31
Total Offering Expense $630,000.00
Shareholder Shares Offered
Shares Outstanding 15,041,667
Lockup Period (days) 180
Lockup Expiration 2026-03-16 00:00:00
Quiet Period Expiration 2025-10-27 00:00:00
CIK 0002047177
DealId 1341117-114508

Company Description

We are a blank check company newly incorporated as a Cayman corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. 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. Chenghe Group is an investment holding company with multiple lines of business, including financial advisory, asset management, private equity investing and other services. Within its advisory practice, Chenghe Group provides a full spectrum of services, including capital raising, financial advisory on mergers and acquisitions (“M&A”) and public listing services across a broad range of sectors and companies at different growth stages. Within its Asset Management and Private Equity practice, Chenghe Group is committed to creating value for investors by identifying and investing in visionary management teams and growing companies with disruptive innovations. The group’s current major investment areas include green technology, TMT (technology, communications, and media), healthcare, consumer, ecommerce, and other new economic industries. In addition, through its Private Equity practice, Chenghe Group has been actively involved in SPAC investments, sponsoring and leading multiple U.S.-listed SPACs including Chenghe Acquisition Co., Chenghe Acquisition I Co., and Chenghe Acquisition II Co. --- Our executive offices are located at 38 Beach Road #29-11, South Beach Tower, Singapore, 189767 and our telephone number is (65) 9851 8611.