Chenghe Acquisition II Co. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on July 29, 2024
Chenghe Acquisition II Co. has announced that starting July 29, 2024, holders of units from its initial public offering can separately trade Class A Ordinary Shares and warrants. The shares will trade under the symbol 'CHEB' and warrants under 'CHEB WS' on the NYSE American Unseparated units will continue trading as 'CHEB.U'.
The company is a blank check company aiming to merge or combine with businesses, focusing on growing companies in Asian markets or global companies with an Asian presence. The initial offering was underwritten, with Cohen & Company Capital Markets as Lead Book-Running Manager and other firms in supporting roles.
Chenghe Acquisition II Co. ha annunciato che a partire dal 29 luglio 2024, i detentori delle unità dell'offerta pubblica iniziale possono scambiare separatamente le azioni ordinarie di Classe A e i warrant. Le azioni saranno scambiate con il simbolo 'CHEB' e i warrant con 'CHEB WS' sulla NYSE American. Le unità non separate continueranno a essere scambiate come 'CHEB.U'.
L'azienda è una società di investimento che punta a fondersi o combinarsi con aziende, concentrandosi su imprese in crescita nei mercati asiatici o aziende globali con una presenza asiatica. L'offerta iniziale è stata sottoscritta, con Cohen & Company Capital Markets come Lead Book-Running Manager e altre aziende in ruoli di supporto.
Chenghe Acquisition II Co. ha anunciado que a partir del 29 de julio de 2024, los titulares de unidades de su oferta pública inicial podrán negociar separadamente las acciones ordinarias de Clase A y los warrants. Las acciones se negociarán bajo el símbolo 'CHEB' y los warrants bajo 'CHEB WS' en la NYSE American. Las unidades no separadas seguirán negociándose como 'CHEB.U'.
La compañía es una empresa de cheques en blanco que busca fusionarse o combinarse con negocios, enfocándose en empresas en crecimiento en mercados asiáticos o empresas globales con presencia asiática. La oferta inicial fue suscrita, con Cohen & Company Capital Markets como Gerente Principal de Libro y otras firmas en roles de apoyo.
Chenghe Acquisition II Co.는 2024년 7월 29일부터 초기 공모주 보유자들이 클래스 A 보통주 및 워런트를 별도로 거래할 수 있게 된다고 발표했습니다. 주식은 'CHEB'라는 기호로, 워런트는 'CHEB WS'로 NYSE American에서 거래됩니다. 분리되지 않은 단위는 'CHEB.U'로 계속 거래됩니다.
이 회사는 빈 수표 회사로, 아시아 시장에서 성장하는 기업이나 아시아에 존재하는 글로벌 기업과 합병 또는 결합하는 것을 목표로 하고 있습니다. 초기 공모는 Cohen & Company Capital Markets가 주관하며, 다른 회사들은 지원 역할을 맡았습니다.
Chenghe Acquisition II Co. a annoncé qu'à partir du 29 juillet 2024, les détenteurs d'unités de son introduction en bourse peuvent négocier séparément des actions ordinaires de Classe A et des bons de souscription. Les actions seront négociées sous le symbole 'CHEB' et les bons de souscription sous 'CHEB WS' sur la NYSE américaine. Les unités non séparées continueront d'être négociées sous 'CHEB.U'.
La société est une société d'acquisition qui vise à fusionner ou à combiner avec des entreprises, en se concentrant sur des entreprises en croissance sur les marchés asiatiques ou des entreprises mondiales ayant une présence en Asie. L'offre initiale a été souscrite par Cohen & Company Capital Markets en tant que gestionnaire principal et d'autres sociétés en soutien.
Chenghe Acquisition II Co. hat angekündigt, dass ab dem 29. Juli 2024 die Inhaber von Einheiten aus dem ersten öffentlichen Angebot die A-Klasse Stammaktien und Warrants separat handeln können. Die Aktien werden unter dem Symbol 'CHEB' und die Warrants unter 'CHEB WS' an der NYSE American gehandelt. Ungetrennte Einheiten werden weiterhin als 'CHEB.U' gehandelt.
Das Unternehmen ist eine Spezialgesellschaft, die darauf abzielt, mit Unternehmen zu fusionieren oder sich zu verbinden, und sich auf wachsende Unternehmen auf asiatischen Märkten oder globale Unternehmen mit einer Präsenz in Asien konzentriert. Das ursprüngliche Angebot wurde von Cohen & Company Capital Markets als Lead Book-Running Manager und weiteren Unternehmen in unterstützenden Rollen gezeichnet.
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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.
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