other material
confidence high
sentiment neutral
materiality 0.60
Cartesian Growth Corp II extends deadline to May 5, 2025; draws $150K from sponsor note
Cartesian Growth Corp II
- Approved fifth one-month extension of business combination period to May 5, 2025.
- Drew $150,000 from unsecured promissory note with sponsor CGC II Sponsor LLC.
- Note principal up to $2.4M, dated November 6, 2024; funds deposited into trust account.
- Extension is fifth of twelve permissible one-month extensions under articles.