Revere Securities is pleased to announce the closing of Chenghe Acquisition Co.’s (Nasdaq: CHEAU) initial public offering of offering of 11,500,000 units at a public offering price of 10.00 per unit. Revere Securities LLC acted as co-manager for the IPO which raised a total amount of $100 Million. The units are listed on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “CHEAU” beginning April 28, 2022. Each unit consists of one of the Company’s Class A ordinary shares and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbols “CHEA” and “CHEAW,” respectively.
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