other
confidence high
sentiment neutral
materiality 0.30
Cartesian Growth Corp II extends business combination deadline to Jan 10, 2024; draws $150K from sponsor note
Cartesian Growth Corp II
- Approved second one-month extension of Business Combination Period to January 10, 2024.
- Drew $150,000 from unsecured promissory note (up to $1.8M) with Sponsor CGC II Sponsor LLC.
- Extension funds to be deposited into trust account for IPO proceeds.
- This is the second of up to twelve allowed one-month extensions.