Chenghe Acquisition III (NASDAQ:CHEC) Issues Quarterly Earnings Results

Posted by Brian Himes on Aug 7th, 2026

Chenghe Acquisition III (NASDAQ:CHEC – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.05 earnings per share (EPS) for the quarter, FiscalAI reports.

Chenghe Acquisition III Stock Down 0.2%

Shares of NASDAQ CHEC traded down $0.02 during midday trading on Friday, reaching $10.21. The company’s stock had a trading volume of 129,011 shares, compared to its average volume of 30,579. The firm has a 50 day moving average price of $10.20. Chenghe Acquisition III has a 12-month low of $9.91 and a 12-month high of $10.56.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Chenghe Acquisition III in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Chenghe Acquisition III presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on CHEC

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CHEC. Gladius Capital Management LP purchased a new stake in Chenghe Acquisition III in the 4th quarter worth about $150,000. MMCAP International Inc. SPC bought a new stake in shares of Chenghe Acquisition III in the fourth quarter valued at approximately $1,496,000. Periscope Capital Inc. purchased a new stake in shares of Chenghe Acquisition III during the 4th quarter valued at approximately $2,383,000. Picton Mahoney Asset Management purchased a new position in Chenghe Acquisition III in the 4th quarter valued at approximately $9,970,000. Finally, Mint Tower Capital Management B.V. bought a new stake in Chenghe Acquisition III during the 4th quarter valued at $1,496,000.

About Chenghe Acquisition III

(Get 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.