Chenghe Acquisition III Shares Little Changed With $129M Trust Deadline Ahead
Chenghe Acquisition III Co. shares held at $10.15 before Friday’s Nasdaq open, near the trust value of $10.19 per share reported in March. The SPAC has not begun operations or reported revenue, with net income last quarter coming from trust interest. Warrants traded at $0.14. Chenghe must close a business combination by March 17, 2027, or risk liquidation.