# Femco Steel Technology to go public in U.S. via merger with Chenghe Acquisition I

Femco Steel Technology Co., Ltd., a golf shaft manufacturer, entered into a definitive business combination agreement with SPAC Chenghe Acquisition I Co. to become a publicly listed company in the United States. The transaction will result in FST listing on Nasdaq.

- Type: Acquisition
- Announced: 2023-12-22
- Where: United States
- Status: announced
- Products: golf shafts, KBS brand golf shafts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Femco Steel Technology Co., Ltd.](https://endata.com/companies/74616.md) (target)
- [Chenghe Acquisition I Co.](https://endata.com/companies/74617.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1868269/000110465923128463/tm2333350d1_ex99-1.htm), 2023-12-22: "This transaction will give us the resources that will enable us to capture the positive trends in our industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.