Karpus Management, Inc. Reports New 6.88% Stake in Chenghe Acquisition III Co. (CHEC)

On May 14, 2026, Karpus Management, Inc. (d/b/a Karpus Investment Management) filed a Schedule 13G disclosing a new ownership position in Chenghe Acquisition III Co. (CHEC). As of the event date on March 31, 2026, the reporting person beneficially owns 1,188,550 shares of common stock, representing a 6.88% stake in the company. Karpus Management, Inc. is a New York-based registered investment adviser controlled by City of London Investment Group plc (CLIG). However, the filing notes that effective informational barriers exist between the two entities, allowing Karpus to exercise independent voting and investment power. The shares are held directly by accounts managed by Karpus. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks an increase from a previous ownership level of zero, establishing Karpus as a significant institutional shareholder in the Singapore-based acquisition company.