other material
confidence high
sentiment neutral
materiality 0.40
Cartesian Growth Corp II converts 5.75M Class B shares to Class A, leaving only 2 Class B shares
Cartesian Growth Corp II
- Sponsor and its affiliate converted 5,749,998 Class B shares to Class A on a 1:1 basis on Sept 22, 2023.
- As of Sept 29, 2023, total shares outstanding: 28,749,998 Class A and 2 Class B.
- Conversion eliminates virtually all founder shares, potentially ahead of a business combination.