LatAmGrowth SPAC (LATG)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
LATG Chart
LatAmGrowth SPAC (LATG) FAQ
What does "Delisted" mean?
What was the last recorded dividend?
How long did the company pay dividends?
Were there any stock splits?
What was the last known trading price?
LatAmGrowth SPAC Profile
| - Industry | - Sector | Ms. Zhiyang Zhou CEO | NASDAQ (NMS) Exchange | G5380L105 CUSIP |
| US Country | - Employees | - Last Dividend | - Last Split | 18 Mar 2022 IPO Date |
Overview
Chenghe Acquisition I Co., previously known as LatAmGrowth SPAC, represents a special purpose acquisition company (SPAC) with a clear focus but without significant operations of its own. Incorporated in 2021 and headquartered in Singapore, the company is dedicated to executing a merger, share exchange, asset acquisition, reorganization, or similar business combination with one or more businesses. Specifically, it aims to target companies located in Latin America or Hispanic-owned businesses within the United States. This strategic focus underscores its commitment to leveraging the growth potential and dynamic markets within these regions. The transition to Chenghe Acquisition I Co. in November 2023 indicates a rebranding effort that aligns with its broader strategic intentions and future endeavors.
Products and Services
As a SPAC, Chenghe Acquisition I Co.’s core offerings revolve around facilitating significant business transactions that provide pathways to public markets for target companies, especially those in Latin America or Hispanic-owned businesses in the U.S. Below is a list of primary services:
- Merger Facilitation: Assists companies in merging with or being acquired by another entity, paving the way for growth and expansion.
- Share Exchange: Offers a platform for companies to engage in share exchange transactions, enabling consolidation and strategic alliances.
- Asset Acquisition: Helps in acquiring valuable assets from other companies, which can lead to portfolio diversification and enhanced market presence.
- Business Reorganization: Supports businesses in restructuring and reorganizing operations to improve efficiency, financial stability, and performance.
- Business Combination: Facilitates a range of business combination transactions, aiming at creating synergies, enhancing competitiveness, and fostering innovation.
Through these services, Chenghe Acquisition I Co. acts as a bridge for businesses seeking growth opportunities and access to public investment resources, emphasizing its commitment to fostering economic growth and development in its target markets.
