Cartesian Growth Corporation II approves ninth one-month extension and draws $150,000 from sponsor note

Cartesian Growth Corp II

On July 3, 2024, Cartesian Growth Corporation II approved the ninth one-month extension of its Business Combination Period to August 10, 2024.
The Company drew $150,000 from an unsecured promissory note with CGC II Sponsor LLC dated November 6, 2023, for the extension.
The extension funds will be deposited into the trust account established from the Company's initial public offering.
This is the ninth of twelve permitted one-month extensions under the Company's amended articles.
The promissory note has a principal amount of up to $1,800,000 and was issued to the sponsor.

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