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Chenghe Acquisition II Priced, NYSE American: CHEB

Blank check company targeting businesses in or with a focus on Asian markets (pending: Polibeli Group).

Industry: SPAC

Latest Trade: $10.06 0.00 (0.0%)

First Day Return: +0.3%

Return from IPO: +0.6%

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 sponsor is 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, Ms. Anna Zhou, and supported by our Chairman, Shibin Wang, Chairman of the Advisory Board, Mr. Richard Qi Li, and our CFO, Mr. Lyle Wang. Mr. Li is the Founder of Chenghe Group, and both Ms. Zhou and Mr. Wang 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.
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IPO Data
IPO File Date 05/13/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/07/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cohen & Company Securities
Seaport Global
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Company Data
Headquarters Singapore
Founded 2024
Employees at IPO 2

Chenghe Acquisition II (CHEB) Performance