04:06 AM EDT, 09/16/2025 (MT Newswires) -- Chenghe Acquisition III (CHEC) said late Monday it priced its initial public offering of 11 million units at $10 per unit.

Each unit consists of one class A ordinary share and one-half of a redeemable warrant to purchase a class A share for $11.50, the blank-check company said.

The underwriters have been granted a 45-day option to purchase up to about 1.7 million additional units.

The units are expected to debut on the Nasdaq Global Market on Tuesday under the ticker "CHECU." The underlying securities will eventually trade separately under the tickers "CHEC" and "CHECW" for ordinary stock and warrants, respectively.

Closing of the offering is expected on Wednesday.