SCHEDULE 13G/A: Centiva Capital Reduces Stake in Chenghe Acquisition II Co. Below 5%
Beneficial Ownership Disclosure
Centiva Capital GP, LLC and Centiva Capital, LP have filed an amended Schedule 13G, disclosing their beneficial ownership in Chenghe Acquisition II Co.'s Class A Ordinary Shares has fallen to 0.51% as of March 31, 2025.
Summary
- Centiva Capital GP, LLC and Centiva Capital, LP (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G regarding their ownership in Chenghe Acquisition II Co.
- As of March 31, 2025, the Reporting Persons beneficially own an aggregate of 45,584 Class A Ordinary Shares.
- This represents 0.51% of the 8,935,000 Class A Ordinary Shares outstanding as of March 26, 2025, as reported in the Issuer's Form 10-K filed on March 28, 2025.
- Both Centiva Capital GP, LLC and Centiva Capital, LP share voting and dispositive power over all 45,584 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- The filing indicates that the Reporting Persons' ownership has fallen below the 5% threshold, triggering this amendment.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing a change in beneficial ownership, with no explicit positive or negative implications for the issuer's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- The filing indicates a reduction in the stake held by Centiva Capital, which may be noted by existing shareholders and potential investors as a change in institutional interest.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date as of which the Issuer's Form 10-K reported 8,935,000 Class A ordinary shares outstanding. |
| 03/28/2025 | Date the Issuer's Form 10-K was filed, reporting shares outstanding. |
| 03/31/2025 | Date of event which requires filing of this statement (ownership fell below 5%). |
| 05/14/2025 | Date the Schedule 13G Amendment No. 1 was signed and filed by Centiva Capital GP, LLC and Centiva Capital, LP. |
Keywords
Chenghe Acquisition II Co., Centiva Capital, Schedule 13G, beneficial ownership, Class A Ordinary Shares, SEC filing, institutional ownership, investment management, equity stake
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