SINGAPORE, June 8, 2024 — Chenghe Acquisition II Co. (“the Company”), a special purpose acquisition company, announced the pricing of its initial public offering (IPO) of 7,500,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on the NYSE American LLC under the ticker symbol “CHEB.U” on June 7, 2024.
Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share.
Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the NYSE American under the symbols “CHEB” and “CHEB.WS,” respectively.
The offering is being led by Cohen & Company Capital Markets as the Lead Book-Running Manager, Seaport Global Securities as joint book runner, with Revere Securities LLC, Chenghe Capital Management and Webull Financial acting as co-managers for the offering.
The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, Suite 1710, New York, NY 10019, Attention: Prospectus Department.
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on June 6, 2024, Eastern Standard Time. This press release shall 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 in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is expected to close on June 10, 2024, subject to customary closing conditions.
