latamgrowth spac (nasdaq: latgu), is a blank check company targeting high growth businesses operating in latin america, providing an attractive and more efficient transition to the us equity capital markets. latamgrowth seeks to capitalize on latin america’s untapped growth potential by identifying sectors that exploit at least one of the following opportunities (i) niche sectors with supply-demand gaps, (ii) regional companies supported by the growing middle-class with increased purchasing power, or (iii) companies enabled to benefit from new technology creating disruption in the sectors where they operate.
Company profile
Ticker
LATG, LATGU
Exchange
Employees
Location
Fiscal year end
Industry (SIC)
Former names
LatAmGrowth SPAC
SEC CIK
LATG stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
12 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Changes in Registrant's Certifying Accountant
4 Mar 24
10-Q
2023 Q3
Quarterly report
20 Feb 24
10-Q
2023 Q2
Quarterly report
20 Feb 24
425
Business combination disclosure
27 Dec 23
8-K
Chenghe Acquisition I Co. Receives Nasdaq Notice Regarding Late Form 10-Q Filings
27 Dec 23
425
Business combination disclosure
22 Dec 23
8-K
Entry into a Material Definitive Agreement
22 Dec 23
425
Business combination disclosure
15 Dec 23
Latest ownership filings
SC 13G
First Trust Capital Management L.P.
14 Feb 24
SC 13G/A
AQR CAPITAL MANAGEMENT LLC
14 Feb 24
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
SC 13G/A
LMR Partners LLP
12 Feb 24
SC 13G
PERISCOPE CAPITAL INC.
9 Feb 24
SC 13G
Polar Asset Management Partners Inc.
9 Feb 24
SC 13G
WOLVERINE ASSET MANAGEMENT LLC
8 Feb 24
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
4
Qi Li
24 Nov 23
3
Qi Li
24 Nov 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 934.61 k | 934.61 k | 934.61 k | 934.61 k | 934.61 k | 934.61 k |
Cash burn (monthly) | 56.20 k | 40.02 k | 120.48 k | 121.27 k | 56.20 k | 14.05 k |
Cash used (since last report) | 720.74 k | 513.28 k | 1.55 mm | 1.56 mm | 720.74 k | 180.18 k |
Cash remaining | 213.87 k | 421.33 k | -610.49 k | -620.56 k | 213.87 k | 754.43 k |
Runway (months of cash) | 3.8 | 10.5 | -5.1 | -5.1 | 3.8 | 53.7 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 16 |
Closed positions | 4 |
Increased positions | 10 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 46.98 bn |
Total shares | 9.16 mm |
Total puts | 0.00 |
Total calls | 264.45 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Linden Advisors | 993.97 k | $6.42 bn |
CNH Partners | 849.21 k | $3.21 bn |
Polar Asset Management Partners | 750.00 k | $5.35 bn |
Castle Creek Arbitrage | 732.00 k | $5.15 bn |
Periscope Capital | 682.97 k | $2.69 bn |
LMR Partners | 525.00 k | $1.61 bn |
Saba Capital Management | 503.50 k | $17.62 mm |
Kim | 475.00 k | $2.68 bn |
Gritstone Asset Management | 455.00 k | $13.20 mm |
Glazer Capital | 399.36 k | $4.26 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Nov 23 | Chenghe Investment I | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 1,058,127 | 0.00 | 1,058,127 |
17 Nov 23 | Chenghe Investment I | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 1,058,127 | 0.00 | 1,591,873 |