other material
confidence high
sentiment neutral
materiality 0.50
Cartesian Growth II extends business combination deadline to April 10, drawing $150K from sponsor note
Cartesian Growth Corp II
- Fifth one-month extension of Business Combination Period to April 10, 2024.
- Drew $150,000 from unsecured promissory note (principal up to $1.8M) from Sponsor CGC II Sponsor LLC.
- Extension funds deposited into trust account as per amended articles.
- Twelve one-month extensions permitted under Articles; this is number five.