other_material
confidence high
sentiment neutral
materiality 0.60
Chenghe enters prepaid share forward agreement with Harraden Circle for up to 3M shares
Chenghe Acquisition II Co.
- Maximum of 3,000,000 shares subject to forward transaction; 100,000 Commitment Shares locked for 30 days post-close.
- Prepayment Amount equals (Number of Shares + Commitment Shares) × Redemption Price, paid from trust account.
- Reset Price starts at Redemption Price and can only be adjusted downward by Counterparty based on VWAP or Dilutive Offering.
- Maturity 12 months after Business Combination close; Seller may early terminate, paying Reset Price times Terminated Shares.
- Business Combination itself excluded from Merger Event or Extraordinary Event definitions.
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