other material
confidence high
sentiment neutral
materiality 0.30
Cartesian Growth Corp II extends SPAC deadline to May 10, 2024, draws $150k from sponsor note
Cartesian Growth Corp II
- Approved sixth one-month extension of business combination period to May 10, 2024.
- Drew $150,000 from unsecured promissory note (up to $1,800,000) from CGC II Sponsor LLC.
- Extension funds deposited into trust account from IPO; sixth of twelve permitted extensions.
- Sponsor (CGC II Sponsor LLC) provided the deposit as per amended articles.