other material
confidence high
sentiment neutral
materiality 0.40
Cartesian Growth Corp II extends business combination deadline to June 5, 2025, with $250k note draw
Cartesian Growth Corp II
- Sixth of twelve permitted one-month extensions approved, extending deadline from May 5 to June 5, 2025.
- Funds are drawn from an unsecured promissory note (up to $2.4M, dated Nov 6, 2024) by sponsor CGC II Sponsor LLC.
- $250,000 deposited into trust account to fund the extension as per amended articles.
- Company has not yet consummated a business combination.