Spartan Fund Management Inc. Sells 121,035 Shares of Chenghe Acquisition I Co. (NASDAQ:LATG)

Spartan Fund Management Inc. reduced its position in Chenghe Acquisition I Co. (NASDAQ:LATG) by 91.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,640 shares of the company’s stock after selling 121,035 shares during the quarter. Spartan Fund Management Inc. owned about 0.16% of Chenghe Acquisition I worth $99,000 at the end of the most recent quarter.

Chenghe Acquisition I Trading Up 40.0 %

NASDAQ LATG opened at $11.90 on Wednesday. The firm’s 50 day simple moving average is $11.90 and its 200 day simple moving average is $11.66. The firm has a market capitalization of $80.68 million, a price-to-earnings ratio of -34.00 and a beta of 0.07. Chenghe Acquisition I Co. has a 1 year low of $6.50 and a 1 year high of $14.99.

Chenghe Acquisition I Company Profile

Chenghe Acquisition I Co does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus search for an initial business combination in the TMT, green energy, biotechnology, optoelectronics, and other sectors in the Asia Pacific.