SINGAPORE, July 26, 2024 /PRNewswire/ -- Chenghe Acquisition
II Co. (the "Company") today announced that, commencing on
July 29, 2024, holders of the units
(the "Units") sold in the Company's initial public offering may
elect to separately trade the Company's Class A Ordinary Shares
(the "Shares") and warrants (the "Warrants") included in the
Units.
The Shares and Warrants received from the separated Units will
trade on the NYSE American LLC ("NYSE") under the symbols "CHEB"
and "CHEB WS", respectively. Units that are not separated will
continue to trade on NYSE under the symbol "CHEB.U". No fractional
Warrants will be issued upon separation of the Units and only whole
Warrants will trade. Holders of Units will need to have their
brokers contact Continental Stock Transfer & Trust Company, the
Company's transfer agent, in order to separate the Units into
Shares and Warrants.
The Company is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization, or similar business combination
with one or more businesses or entities. While the Company may
pursue an initial target business in any industry, geography, or
sector, it intends to focus its search on growing companies in
Asian markets or global companies with a presence or focus
in Asia.
The Units were initially offered by the Company in an
underwritten offering. Cohen & Company Capital Markets acted as
Lead Book-Running Manager, Seaport Global Securities acted as a
Joint Book Runner for the offering, and Revere Securities LLC,
Chenghe Capital Management and Webull Financial LLC acted as
co-managers.
The registration statement relating to the securities became
effective on June 6, 2024. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities
in any state or jurisdiction in which such an offer, solicitation,
or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including with respect to the initial public offering and
the anticipated use of the net proceeds. Words such as "will,"
"would," "may," "intends," "anticipates," "potential," and similar
expressions, or the use of future tense, identify forward-looking
statements, but their absence does not mean that a statement is not
forward-looking. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the
Company's registration statement and preliminary prospectus for the
offering filed with the SEC. Copies are available on the SEC's
website, www.sec.gov. The forward-looking statements contained in
this press release speak only as of the date of this press release
and the Company undertakes no obligation to publicly update any
forward-looking statements to reflect changes in information,
events or circumstances after the date of this press release,
unless required by law.
Investor Relations Contact
Chenghe Acquisition II Co.
Maria Yuan
Email: maria.yuan@chenghecap.com
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SOURCE Chenghe Acquisition Co.