other material
confidence high
sentiment neutral
materiality 0.50
Cartesian Growth II extends business combination deadline to March 5, 2025; draws $150K from sponsor note
Cartesian Growth Corp II
- Third one-month extension approved; new deadline March 5, 2025.
- Drew $150,000 from unsecured promissory note with CGC II Sponsor LLC.
- Note has principal up to $2.4M; this is the third of twelve permitted monthly extensions.
- Extension funds will be deposited into the trust account.