Company Overview - Chenghe Acquisition III Co. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, aimed at effecting mergers, share exchanges, asset acquisitions, and similar business combinations with one or more businesses [5] - The company intends to focus its acquisition search on growing companies in Asian markets or global companies with a presence or focus in Asia [5] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 11,000,000 units at a price of $10.00 per unit, with units expected to be listed on the Nasdaq under the ticker symbol "CHECU" on September 16, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at a price of $11.50 per share 30 days after the completion of the initial business combination [1] - The offering is expected to close on September 17, 2025, subject to customary closing conditions [2] Underwriting and Registration - BTIG, LLC is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to an additional 1,650,000 units to cover over-allotments [2] - A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (SEC) and became effective on September 15, 2025 [3]