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SPAC · Merger completed

Chenghe Acquisition II Co.

Business combination with Polibeli Group Ltd

Chenghe Acquisition II Co. is a blank-check company (SPAC) that raised $75M in its initial public offering on Jun 7, 2024, listing on NYSE. It completed its business combination with Polibeli Group Ltd on Aug 7, 2025; the combined company is Polibeli Group Ltd (PLBL). Revere led the IPO, with Management Webull Financial. O’Melveny & Myers advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.

Status
Merger completed
IPO date
Jun 7, 2024
IPO size
$75M
IPO exchange
NYSE
Target
Polibeli Group Ltd
Announced
Sep 17, 2024
Closed
Aug 7, 2025
Combined company
Polibeli Group Ltd (PLBL)
IPO underwriters
Revere and Management Webull Financial
SPAC counsel (IPO)
O’Melveny & Myers and Ogier
Underwriters' counsel (IPO)
Ellenoff Grossman & Schole

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