Chenghe Acquisition I Co.

10/18/2024 | Press release | Distributed by Public on 10/18/2024 06:13

Material Event Form 8 K

Item 8.01. Other Events.

As previously announced, Chenghe Acquisition I Co. (the "Company") will convene an extraordinary general meeting of shareholders (the "Meeting") scheduled on Wednesday, October 23, 2024. The Meeting will be held via live webcast at https://www.cstproxy.com/chengheacquisitioni/2024 to consider and vote upon the proposals described in the notice of meeting and definitive proxy statement filed by the Company with the Securities and Exchange Commission ("SEC") on September 30, 2024 (the "Proxy Statement"). Capitalized terms not defined in this current report shall have the same meaning as set forth in the Proxy Statement.

The Company announces that to the extent that the Extension Amendment Proposal as set forth in the Proxy Statement is approved at the Meeting, in addition to Extension Contribution set forth in the Proxy Statement (being $0.025 for each of the Company's Class A ordinary share not elected to be redeemed immediately after the Extraordinary General Meeting, for each Extension Period), the Company commits to pay (a) for each Extension Period from October 27, 2024 (exclusive) to January 27, 2025, $0.005 for each of the Company's Class A ordinary share not elected to be redeemed immediately after the Extraordinary General Meeting; and (b) for each Extension Period from January 27, 2025 (exclusive) to April 27, 2025, $0.025 for each of the Company's Class A ordinary share not elected to be redeemed immediately after the Extraordinary General Meeting.

In aggregate, the Company is committed to pay (a) $0.03 for each of the Company's Class A ordinary share not elected to be redeemed immediately after the Extraordinary General Meeting for each Extension Period from October 27, 2024 (exclusive) to January 27, 2025; and (b) $0.05 for each of the Company's Class A ordinary share not elected to be redeemed immediately after the Extraordinary General Meeting for each Extension Period from January 27, 2025 (exclusive) to April 27, 2025.

The record date for the shareholders to vote at the Meeting remains the close of business on September 20, 2024 (the "Record Date"). Shareholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action. Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. In connection with the adjourned date, the Company has further extended the deadline for holders of the Company's Class A ordinary shares to submit their shares for redemption in connection with the Extension Amendment Proposal to 5:00 p.m. Eastern Time on October 21, 2024 (two business days before the adjourned Meeting).

Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the rescheduled Meeting by requesting that the transfer agent return such shares.

About the Company

The Company is a special purpose acquisition corporation incorporated under the laws of Cayman Islands for the purpose of effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations or similar business combinations with one or more businesses. For more information, please visit https://chengheinv.com/chenghe-acquisition-i-co/.

Additional Information and Where to Find It

The Proxy Statement has been mailed to the Company's shareholders. The Company files reports, proxy statements and other information with the SEC as required by the Securities Exchange Act of 1934. You can read the Company's SEC filings, including the Proxy Statement, at the SEC's website at http://www.sec.gov. If you would like additional copies of the Proxy Statement or if you have questions about the proposals to be presented at the Meeting, you should contact the Company's proxy solicitation agent at the following address and telephone number:

Sodali & Co.

333 Ludlow Street, 5th Floor, South Tower

Stamford, CT 06902

Shareholders may call toll-free: +1 (800) 662-5200

Banks and Brokerage Firms, please call: +1 (800) 662-5200

Email: [email protected]