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Chenghe Acquisition Co Announces Closing of $115 Million Initial Public Offering and Exercise of Underwriters Over-Allotment Option in Full

SINGAPORE, May 3, 2022 /PRNewswire/ Chenghe Acquisition Co. (Nasdaq: CHEAU) (the "Company") today announced the closing of its initial public offering of 11,500,000 units, which includes 1,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, at a public offering price of $10.00 per unit. Each unit consists of one Class A.

Asian fintech-focused SPAC Chenghe Acquisition raises $100m in US IPO

The SPAC focuses on fintech or tech-enabled financial services firms in Asia, except China.

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