SECsense Logo

Chenghe Acquisition I Co. 8-K Report: Key Insights & Share Structure

$LATG
Form 8-K
Filed on: 2024-12-23
Source
Chenghe Acquisition I Co. 8-K Report: Key Insights & Share Structure

Here are the key extracted insights from the provided section of the financial report:

  1. Company Identification:
  • Entity Name: Chenghe Acquisition I Co.
  • CIK Number: 0001868269
  • SEC File Type: 8-K
  • SEC File Number: 001-41246
  • EIN: 98-1605340
  • Address: 38 Beach Road #29-11, South Beach Tower, Singapore 189767
  • Contact Phone: +65 9851 8611
  1. Filing Date:
  • The report is dated December 23, 2024.
  1. Share Structure:
  • The company has issued units that consist of:
    • One Class A ordinary share with a par value of $0.0001.
    • One-half of one redeemable warrant.
  • The units are traded under the ticker LATGU on NASDAQ.
  1. Share Information:
  • Class A Ordinary Shares: Par value of $0.0001 per share.
  • Ticker Symbol for Class A Ordinary Shares: LATG on NASDAQ.
  1. Units Information:
  • Each unit consists of one Class A ordinary share and one-half of a redeemable warrant.
  1. Measurement Units:
  • Financial data is reported in USD and shares.
  • The par value of shares indicates a nominal value for accounting purposes.
  1. Business Segment:
  • The financial data relates to a specific class of stock (Class A ordinary shares).

Insights:

  • The report indicates that Chenghe Acquisition I Co. is a SPAC (Special Purpose Acquisition Company), which typically raises capital to acquire or merge with an existing company.
  • The presence of redeemable warrants suggests potential future dilution of shares if these warrants are exercised.
  • The low par value of shares indicates that this company may be structured to allow for significant flexibility in future capital raises or equity incentives.
  • As the report is dated for December 2024, it is essential to monitor upcoming filings and announcements that may reflect the company’s strategic moves and performance post-acquisition or merger activities.

This summary encapsulates the essential elements from the financial report section provided, focusing on company identity, share structure, and key financial insights.