Sona Asset Management US LLC Buys New Position in Chenghe Acquisition III Co. $CHEC

Posted by Brenda Bartman on Jul 27th, 2026

Sona Asset Management US LLC purchased a new stake in Chenghe Acquisition III Co. (NASDAQ:CHEC – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 236,300 shares of the company’s stock, valued at approximately $2,382,000.

Several other institutional investors have also added to or reduced their stakes in the business. Gladius Capital Management LP purchased a new stake in shares of Chenghe Acquisition III during the fourth quarter worth about $150,000. MMCAP International Inc. SPC acquired a new position in shares of Chenghe Acquisition III during the fourth quarter valued at about $1,496,000. Periscope Capital Inc. purchased a new position in shares of Chenghe Acquisition III in the 4th quarter valued at approximately $2,383,000. Picton Mahoney Asset Management purchased a new position in shares of Chenghe Acquisition III in the 4th quarter valued at approximately $9,970,000. Finally, Mint Tower Capital Management B.V. acquired a new stake in Chenghe Acquisition III in the 4th quarter worth approximately $1,496,000.

Chenghe Acquisition III Stock Down 0.4%

Shares of CHEC stock opened at $10.14 on Monday. The stock has a fifty day moving average price of $10.16. Chenghe Acquisition III Co. has a 1 year low of $9.91 and a 1 year high of $10.56.

Chenghe Acquisition III (NASDAQ:CHEC – Get Free Report) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.14 EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Chenghe Acquisition III from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Chenghe Acquisition III

Chenghe Acquisition III Profile

(Free Report)

Chenghe Acquisition III (NASDAQ: CHEC) is a special-purpose acquisition company, commonly known as a SPAC, that was formed to effect a business combination with one or more operating companies. As a blank‑check vehicle, the company’s primary business activity is identifying, negotiating and completing an acquisition, merger or other strategic combination rather than operating traditional, revenue‑generating businesses.

Like many SPACs, Chenghe Acquisition III holds funds in a trust account pending the completion of a qualifying business combination and typically offers public shareholders the option to redeem their shares if they do not approve a proposed transaction.