| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CHEA] | Class A Ordinary Shares | Conversion of derivative security | +2.7M | 2.7M | Feb 15, 2024 | Direct | F1, F7 | |||
| transaction | CHEA] | Class A Ordinary Shares | Disposed to Issuer | -2.7M | -100% | 0 | Feb 15, 2024 | Direct | F2, F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CHEA] | Class B Ordinary Shares | Conversion of derivative security | $0 | -2.7M | -100% | $0.00* | 0 | Feb 15, 2024 | Class A Ordinary Shares | 2.7M | Direct | F1, F2, F7 | |
| transaction | CHEA] | Private Placement Warrants | Disposed to Issuer | $0 | -7.75M | -100% | $0.00* | 0 | Feb 15, 2024 | Class A Ordinary Shares | 7.75M | Direct | F3, F4, F5, F6, F8 |
Chenghe Investment Co. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The Class B ordinary shares were converted into Class A ordinary shares on a one-for-one basis upon the consummation of the Issuer's initial business combination on February 15, 2024 (the "Business Combination"). |
| F2 | The reporting person disposed of all Class A ordinary shares upon the consummation of the Issuer's Business Combination, which were automatically exchanged into corresponding Class A ordinary shares of Semilux International Ltd. |
| F3 | Each Private Placement Warrant is exercisable to purchase one Class A ordinary share of the Issuer at an exercise price of $11.50 per share. As described in the Issuer's Registration Statement on Form S-1 (File No. 333-264061) filed with the Securities and Exchange Commission on April 27, 2022 (the "Registration Statement"), the Private Placement Warrants are identical to the warrants sold in connection with the Issuer's initial public offering ("IPO"), except that the Private Placement Warrants, so long as they are held by the Chenghe Investment Co. (the "Sponsor") or its permitted transferees, (i) the private placement warrants will not be redeemable by us, |
| F4 | (ii) may not (including the Class A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights. |
| F5 | Each Private Placement Warrant may be exercised only during the period commencing on the date that is thirty (30) days after the first date on which the Issuer completes the Business Combination, and terminating on the earlier to occur of: (x) at 5:00 p.m., New York City time on the date that is five (5) years after the date on which the Issuer completes its Business Combination, and (y) the liquidation of the Issuer. |
| F6 | The reporting person disposed of all Private Placement Warrants upon the consummation of the Issuer's Business Combination, which were automatically exchanged into corresponding warrants exercisable for Class A ordinary shares of Semilux International Ltd. |
| F7 | Reflects Class B Shares held by Chenghe Investment Co. (the "Sponsor"). Chenghe Group Limited, a British Virgin Islands incorporated company, is the sole member and the manager of the Sponsor. Mr. Qi Li, who holds 100% of the voting securities of Chenghe Group Limited, may be entitled distributions of the founder shares and has voting and investment discretion with respect to the ordinary shares held by Chenghe Group Limited through held of record by Chenghe Investment Co. Mr. Qi Li disclaims beneficial ownership over any securities owned by our sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
| F8 | Reflects Private Placement Warrants held by the Sponsor. Chenghe Group Limited, a British Virgin Islands incorporated company, is the sole member and the manager of the Sponsor. Mr. Qi Li, who holds 100% of the voting securities of Chenghe Group Limited, may be entitled distributions of the founder shares and has voting and investment discretion with respect to the ordinary shares held by Chenghe Group Limited through held of record by Chenghe Investment Co. Mr. Qi Li disclaims beneficial ownership over any securities owned by our sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Exhibit 99 - Joint Filer Statement