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Stock impact report

Semilux International Ltd. and Taiwan Color Optics, Inc., a Taiwan-based provider of LiDAR and ADB components and solutions, together with Chenghe Acquisition Co. Announce Closing of Busin...

Semilux International Ltd. (SELX) 
Company Research Source: GlobeNewswire
Taipei, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Chenghe Acquisition Co. (“Chenghe”), a special purpose acquisition company, today announced the completion of its previously announced business combination (the “Business Combination”), with Taiwan Color Optics, Inc. (“TCO”), a Taiwan-based provider of LiDAR and ADB components and solutions, and their newly formed holding company, Semilux International Ltd. (“Semilux”), a Cayman Islands exempted company with limited liability. Ordinary shares of Semilux International Ltd. are expected to commence trading on the Nasdaq Capital Market under the ticker symbol “SELX” on February 16, 2024. The Business Combination was approved at a special meeting of Chenghe’s stockholders on February 2, 2024. Upon the closing of the Business Combination, trading of Chenghe’s Class A ordinary shares and units will cease. “We are pleased to announce the closing of the Business Combination and would like to express our sincere gratitude to all of our stakeholders Show less Read more
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