secwatch.observer — SEC 8-K summary
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Issuer:     Cartesian Growth Corp II (RENEF)
CIK:        0001889112
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001104659-23-115218
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cartesian Growth II extends deadline to Nov 2024; ~$77M in redemptions from trust
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- Shareholders approved extension of business combination deadline to up to Nov 10, 2024 via monthly extensions.
- Sponsor deposited $150K for first one-month extension; unsecured promissory note of up to $1.8M issued.
- Holders of 7,129,439 shares redeemed at ~$10.86/share, aggregating ~$77.4M; trust balance now ~$172.4M.
- Note bears no interest, principal due upon business combination; forgiven if no deal closes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889112/000110465923115218/0001104659-23-115218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889112/000110465923115218/tm2329966d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-115218

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer