SCHEDULE: Karpus Management Discloses 6.88% Stake in Chenghe Acquisition III Co.

Karpus Management, Inc. has reported beneficial ownership of 1,188,550 shares, representing 6.88% of the common stock of Chenghe Acquisition III Co., as of March 31, 2026.

Summary

• Karpus Management, Inc. (Karpus), a registered investment adviser, has filed a Schedule 13G indicating beneficial ownership of 1,188,550 shares of common stock in Chenghe Acquisition III Co.
• This holding represents 6.88% of the class of securities.
• The filing date for this statement is May 14, 2026, reflecting ownership as of March 31, 2026.
• Karpus exercises sole voting power and sole dispositive power over these shares.
• Karpus is controlled by City of London Investment Group plc (CLIG), but informational barriers are in place, meaning Karpus exercises voting and investment power independently.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by an investment adviser and does not contain operational or financial performance data.

Positives

• Karpus Management, Inc. has taken a significant stake, holding 6.88% of Chenghe Acquisition III Co.'s common stock.
• The filing indicates sole voting and dispositive power, suggesting clear control over the investment decisions for these shares.

Risks

• As a Schedule 13G filing, it indicates passive investment, meaning Karpus is not seeking to influence or control the issuer. However, significant ownership by a single entity can still be perceived as a risk by other stakeholders if their investment objectives diverge.
• The filing does not detail the specific investment strategy or rationale behind acquiring this stake, leaving potential future actions or intentions open to interpretation.

Future Outlook

This filing is a passive ownership disclosure (Schedule 13G) and does not contain forward-looking statements or specific guidance regarding future performance or strategy of Chenghe Acquisition III Co. or Karpus Management, Inc.

Management Comments

• Karpus Management, Inc. is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940.
• Informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG.
• The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
• Certification that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisers accumulating significant stakes in publicly traded companies, often as part of their portfolio management strategy. This filing by Karpus Management, Inc. in Chenghe Acquisition III Co. aligns with typical behavior for such entities seeking to disclose substantial, non-controlling ownership.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding a significant institutional investor's stake, which can influence market perception and potential future trading activity.
• Management of Chenghe Acquisition III Co.: The presence of a substantial passive investor may be noted by management, though no direct influence is implied by the 13G filing.
• Karpus Management, Inc.: The filing confirms adherence to regulatory disclosure requirements for its managed accounts.

Next Steps

• Karpus Management, Inc. will continue to manage the accounts holding these shares.
• Further filings may be required if ownership levels change significantly or if Karpus transitions from a passive to an active investor role.

Key Dates

Keywords

Chenghe Acquisition III Co., Karpus Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, CLIG