Cartesian Growth II extends deadline to Nov 2025; $99.6M redeemed, trust drops to $83.8M

Cartesian Growth Corp II

Shareholders approved extension of business combination deadline from Nov 10, 2024 to up to Nov 5, 2025 via monthly extensions.
Sponsor deposited $150k for first month extension; will pay $150k-$250k per month depending on period.
Holders of 8,620,849 shares redeemed at ~$11.55/share for total $99.6M; trust now holds $83.8M.
Shareholders eliminated the $5M net tangible assets redemption limitation.
Sponsor issued up to $2.4M extension note and $250k working capital note, both unsecured, non-interest bearing.

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