STOCK TITAN

Karpus Management (CHEC) discloses 1.19M shares, 6.88% stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Chenghe Acquisition III Co. Schedule 13G filed by Karpus Management, Inc. reports that Karpus-managed accounts directly hold 1,188,550 shares of Common stock (CUSIP G2086N105), representing 6.88% of the class. The filing states Karpus has sole voting and sole dispositive power over these shares. The statement is signed by the Chief Compliance Officer on 05/14/2026.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake disclosed by an investment adviser.

Karpus Management reports direct ownership of 1,188,550 shares, equal to 6.88% of Chenghe Acquisition III Co.'s common stock, with sole voting and dispositive authority. The filing attributes holdings to accounts managed by Karpus, not to its parent.

Key dependencies include continued reporting obligations under beneficial ownership rules and any changes in holdings or voting power that would trigger different disclosure forms. Subsequent filings will show increases or disposals.

Filing emphasizes independence from parent company for attribution purposes.

The disclosure cites SEC Release No. 34-39538 and states informational barriers between Karpus and City of London Investment Group plc, supporting non-attribution to the parent. The shares are reported as held directly by Karpus-managed accounts.

Maintain documentary support for the informational barriers and monitor any corporate changes that could affect attribution or reporting status.

Filing signature date 05/14/2026 Schedule 13G signature by Chief Compliance Officer
Shares beneficially owned 1,188,550 shares Amount beneficially owned reported in Item 4(a)
Percent of class 6.88% Percent of class reported in Item 4(b)
Voting power (sole) 1,188,550 shares Sole power to vote per Item 4(c)(i)
Dispositive power (sole) 1,188,550 shares Sole power to dispose per Item 4(c)(iii)
beneficially owned regulatory
"Amount beneficially owned: 1,188,550.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 1,188,550.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
informational barriers compliance
"effective informational barriers have been established between Karpus and CLIG"
Investment Advisers Act of 1940 Section 203 regulatory
"Karpus is a registered investment adviser under Section 203"
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G2086N105

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



KARPUS MANAGEMENT, INC.
Signature:/s/ Jodi L. Hedberg
Name/Title:Jodi L. Hedberg / Chief Compliance Officer
Date:05/14/2026

FAQ

What stake does Karpus Management report in Chenghe Acquisition III Co. (CHEC)?

Karpus Management reports direct ownership of 1,188,550 shares, representing 6.88% of the company's common stock according to the Schedule 13G filing.

Does Karpus have voting control over the reported CHEC shares?

Yes. The filing states Karpus has sole voting power and sole dispositive power over 1,188,550 shares of Common stock (CUSIP G2086N105).

How is the ownership attributed between Karpus and its parent company?

The filing cites SEC Release No. 34-39538 and states effective informational barriers exist, so holdings are attributed to Karpus rather than its parent, City of London Investment Group plc.

Who signed the Schedule 13G for Karpus and when was it signed?

The Schedule 13G was signed by Jodi L. Hedberg, Chief Compliance Officer, on 05/14/2026, per the signature block in the filing.

Which security and CUSIP are covered in the filing?

The filing covers Chenghe Acquisition III Co. Common stock with CUSIP G2086N105, as stated in Item 2(d) and the cover information.