---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-003788"
form_type: "8-K"
ticker: null
cik: "0001868269"
company_name: "Chenghe Acquisition I Co."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:21:40.461420+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FST Corp. completes de-SPAC with Chenghe Acquisition I; begins trading as KBSX on Nasdaq

## Summary
- Business combination closed Jan 15, 2025; golf shaft manufacturer FST Corp. now public on Nasdaq under ticker KBSX.
- Holders of 1,754,618 Chenghe Class A shares redeemed at ~$11.81 per share, aggregate ~$20.7 million.
- All prior Chenghe directors and officers resigned effective immediately before the merger.
- David Chuang remains CEO and Chairman of FST Corp.

## SEC filing metadata
- accession: 0001104659-25-003788
- form_type: 8-K
- cik: 0001868269
- company_name: Chenghe Acquisition I Co.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868269/000110465925003788/0001104659-25-003788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868269/000110465925003788/tm252928d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-003788
- JSON: https://secwatch.observer/filing/0001104659-25-003788.json
- Plain text: https://secwatch.observer/filing/0001104659-25-003788.txt

## Key facts
- M&A Transactions
  Chenghe Acquisition I Co. underwent a change of control involving CayCo (FST Corp.) (closed 2025-01-15).
  - Action: change of control
  - Counterparty: CayCo (FST Corp.)
  - Closing: 2025-01-15
  source text: On January 15, 2025 (the "Closing Date"), pursuant to the Business Combination Agreement, Merger Sub merged with and into Chenghe with Chenghe being the surviving company and as a direct, wholly owned subsidiary of CayCo, and Chenghe changed its name to "FST Ltd."
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868269/000110465925003788/0001104659-25-003788-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.