Chenghe Acquisition registered today to offer 10 million units at $10 each. A unit consists of one Class A ordinary share and one-half of a warrant exercisable at $11.50 for a share.
The fintech-focused SPAC said it will consider a business in any location except China, Hong Kong and Macau.
Chenge is led by CEO and Director Dr. Shibin Wang, who has held executive positions at Deutsche Bank Hong Kong, FICC Goldman Sachs and China Development Bank.
Morgan Stanley and EarlyBirdCapital are joint book-running managers, with Revere Securities serving as co-manager.
The SPAC said it has applied to list on the Nasdaq under CHEA U. Read more.
