---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-090646"
form_type: "8-K"
ticker: "CHEC"
cik: "0002047177"
company_name: "Chenghe Acquisition III Co."
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:54:38.728356+00:00"
event_type: "other"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Chenghe Acquisition III Co. completes $126.5M IPO; auditor flags going concern

## Summary
- IPO of 12,650,000 units at $10.00/unit for gross proceeds of $126.5M; full overallotment exercised.
- Concurrent private placement of 408,000 units at $10.00/unit raised $4.08M from sponsors and underwriter.
- $126.5M placed in trust account; post-IPO cash for operations is only $1.08M.
- Auditor notes working capital deficit ($33K) and shareholders' deficit ($5.09M), with substantial doubt about ability to continue as going concern.
- Company must complete a business combination within 18 months or liquidate.

## SEC filing metadata
- accession: 0001213900-25-090646
- form_type: 8-K
- ticker: CHEC
- cik: 0002047177
- company_name: Chenghe Acquisition III Co.
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: other
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2047177/000121390025090646/0001213900-25-090646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2047177/000121390025090646/ea0257951-8k_chenghe3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-090646
- JSON: https://secwatch.observer/filing/0001213900-25-090646.json
- Plain text: https://secwatch.observer/filing/0001213900-25-090646.txt

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