Chenghe Acquisition III Co.

Chenghe Acquisition III Co. reported a net income of $774,007 for the second quarter of 2026, a significant improvement from a net loss in the prior year, primarily driven by interest earned on its Trust Account. For the six months ended June 30, 2026, net income reached $1,658,755. However, management expressed substantial doubt about the company's ability to continue as a going concern due to its current liquidity and the need to complete a business combination within the specified timeframe.

Ningrong Liu resigned from Chenghe Acquisition III Co.'s Board of Directors, effective May 18, 2026, with no stated disagreement. Concurrently, Zhong Li was appointed as an independent director, effective the same day, filling the vacancy. Mr. Li brings over 20 years of experience in finance, regulation, and technology and will serve on the Audit, Compensation, and Nominating and Corporate Governance Committees.

Chenghe Acquisition III Co. reported a net income of $884,748 for the three months ended March 31, 2026, primarily due to interest earned on its trust account. The cash held in the Trust Account increased to $128,931,590. However, the company's management has identified substantial doubt about its ability to continue as a going concern, citing a lack of liquidity for operations and the impending deadline of March 17, 2027, to complete a business combination.