Chenghe Acquisition Raises $115M For Asia Fintech Target | dispatchist.com

CHEA’s management team has solid industry expertise but no prior successful SPAC track record, so I’m on Hold for CHEA. Learn more here. 50 per share on 30 days after the completion of its initial business combination and expiring five years after completion of the initial business combination or earlier upon redemption or liquidation.The SPAC has 24 months to complete a merger (initial business combination).Conditions to the SPAC completing an initial business combination include a requirement to purchase one or more businesses equal to 80% of the net assets of the SPAC and a majority of voting interests voting for…