Chenghe Acquisition III Co.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-13.
0001213900-26-055316
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-05.
0001213900-26-085683
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 30 previous paragraphs and 31 current paragraphs.
24 unchanged; 5 reworded; 0 added; 1 removed; 0 previous and 2 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Removed paragraphs (1)
Previous report
In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”), and in January 2025, the FASB issued ASU 2025-01, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date (“ASU 2025-01”). ASU 2024-03 requires additional disclosure of the nature of expenses included in the income statement as well as disclosures about specific types of expenses included in the expense captions presented in the income statement. ASU 2024-03, as clarified by ASU 2025-01, is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact these standards will have on it unaudited condensed financial statements.
Reworded paragraphs (5)
Previous wording
For the three months ended March 31, 2026, we had a net income of $884,748, which consists of interest earned on cash held in the Trust Account of $1,061,505, partially offset by formation, general, and administrative costs of $176,757.
Current wording
For the three months ended June 30, 2026, we had a net income of $774,007, which consists of interest earned on cash held in the Trust Account of $1,068,377, partially offset by formation, general, and administrative costs of $294,370.
Previous wording
For the three months ended March 31, 2025, we had a net loss of $19,632, which consists of formation, general, and administrative costs.
Current wording
For the three months ended June 30, 2025, we had a net loss of $23,625, which consists of formation, general, and administrative costs.
Previous wording
For the three months ended March 31, 2026, net cash used in operating activities was $103,162. Net income of $884,748 was impacted by interest earned on cash held in Trust Account of $1,061,505. Changes in operating assets and liabilities provided $73,595 of cash for operating activities.
Current wording
For the six months ended June 30, 2026, net cash used in operating activities was $255,283. Net income of $1,658,755 was impacted by interest earned on cash held in Trust Account of $2,129,882. Changes in operating assets and liabilities provided $215,844 of cash for operating activities.
Previous wording
As of March 31, 2026, we had cash held in the Trust Account of $128,931,590 (including approximately $1,061,505 of interest income) consisting of cash held in a saving account. We may withdraw interest from the Trust Account to pay taxes, if any. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our initial Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our initial Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.** **
Current wording
As of June 30, 2026, we had cash held in the Trust Account of $129,999,967 (including approximately $3,499,967 of interest income) consisting of cash held in a saving account. We may withdraw interest from the Trust Account to pay taxes, if any. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our initial Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our initial Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Previous wording
As of March 31, 2026, we had cash of $593,663, working capital of $453,294, accumulated deficit of $4,607,169, shareholders’ deficit of $4,606,706. For the three months ended March 31, 2026, net cash used in operating activities was $103,162. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete an initial Business Combination.
Current wording
As of June 30, 2026, we had cash of $441,542, working capital of $158,924, accumulated deficit of $4,901,539, shareholders’ deficit of $4,901,076. For the six months ended June 30, 2026, net cash used in operating activities was $255,283. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete an initial Business Combination.
Rearranged current paragraphs (2)
Current report — wording carried from elsewhere
For the six months ended June 30, 2026, we had a net income of $1,658,755, which consists of interest earned on cash held in the Trust Account of $2,129,882, partially offset by formation, general, and administrative costs of $471,127.
Current report — wording carried from elsewhere
For the six months ended June 30, 2025, we had a net loss of $43,257, which consists of formation, general, and administrative costs.