other
confidence high
sentiment neutral
materiality 0.50
Cartesian Growth Corp II extends deadline to June 10, 2024; draws $150K from sponsor for seventh extension
Cartesian Growth Corp II
- Seventh one-month extension approved, moving business combination deadline to June 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; seventh of twelve permitted one-month extensions.
- Company still searching for a target; no business combination announced yet.