SCHEDULE 13G: Harraden Circle Entities Disclose 9.96% Stake in Chenghe Acquisition II Co.

Harraden Circle Investments, LLC and affiliated entities, along with Frederick V. Fortmiller, Jr., have reported a collective beneficial ownership of 9.96% of Chenghe Acquisition II Co.'s Class A Common Stock.

Summary

• Harraden Circle Investments, LLC, Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, and Frederick V. Fortmiller, Jr. collectively reported beneficial ownership of 890,000 shares of Chenghe Acquisition II Co.'s Class A Common Stock.
• This aggregate ownership represents 9.96% of the Class A Common Stock outstanding.
• The shares are held directly by Harraden Circle Investors, LP (422,748 shares or 4.73%), Harraden Circle Special Opportunities, LP (243,047 shares or 2.72%), and Harraden Circle Strategic Investments, LP (224,205 shares or 2.51%).
• Harraden Circle Investors GP, LP serves as the general partner for the three Harraden Circle investment funds.
• Harraden Circle Investors GP, LLC is the general partner of Harraden Circle Investors GP, LP.
• Harraden Circle Investments, LLC acts as the investment manager for the Harraden Circle investment funds and other high net worth individuals.
• Frederick V. Fortmiller, Jr. is the managing member of both Harraden Circle Investors GP, LLC and Harraden Circle Investments, LLC, and is deemed to indirectly beneficially own the shares.
• The reporting persons share both voting and dispositive power over the 890,000 shares.
• The filing was made under Rule 13d-1(c), indicating that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without expressing positive or negative sentiment regarding the issuer's performance or prospects.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of a significant passive investment stake in a publicly traded company, common among investment funds and individuals. It reflects a substantial position taken by the Harraden Circle entities and Frederick V. Fortmiller, Jr. in Chenghe Acquisition II Co., a Special Purpose Acquisition Company (SPAC) or similar entity, given its 'Acquisition Co.' name.

Related Party Transactions

• The filing details the interconnected relationships among the Harraden Circle entities (Harraden Adviser, Harraden GP, Harraden LLC, Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund) and Frederick V. Fortmiller, Jr. Mr. Fortmiller is the managing member of Harraden LLC and Harraden Adviser, which control the investment funds. This structure means all listed reporting persons are related parties acting in concert to report their collective beneficial ownership.

Stakeholder Impact

• Shareholders: Disclosure of a significant 9.96% stake by a group of investors provides transparency regarding the ownership structure and potential influence, although the filing states the stake is not for control purposes.

Key Dates

Keywords

Chenghe Acquisition II Co., Harraden Circle Investments, Frederick V. Fortmiller Jr., Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Investment, Passive Investment, Equity Stake