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On Thursday, Chenghe Acquisition II Co., a Cayman Islands exempted company, disclosed its latest financial statements and detailed a proposed business combination in a filing with the Securities and Exchange Commission (SEC). This move comes as the company prepares for a merger with Polibeli Group Ltd, also based in the Cayman Islands.
The registration statement for the proposed business combination was filed on April 25, 2025, and declared effective by the SEC on May 1, 2025. Subsequently, Chenghe distributed a proxy statement/prospectus to its shareholders on or around May 2, 2025. The merger, subject to customary closing conditions, will result in Chenghe becoming a wholly-owned subsidiary of Polibeli Group Ltd.
This announcement was coupled with the release of Chenghe’s unaudited financial results for the quarter ending March 31, 2025, as part of its periodic report on Form 10-Q. The company, which operates under the industry classification of "blank checks" and is identified by the Central Index Key (CIK) number 0002016420, has its principal executive offices located at 38 Beach Road #29-11, South Beach Tower, Singapore.
The financial and corporate activities of Chenghe Acquisition II Co. are of particular interest to investors and market observers as the company is listed on the NYSE American LLC under the ticker symbols CHEB.U for its units, CHEB for its Class A ordinary shares, and CHEB.WS for its redeemable warrants.
This news article is based on a press release statement and aims to provide investors with a concise and factual summary of the company’s recent SEC filing.
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