other_material
confidence high
sentiment neutral
materiality 0.45
Cartesian Growth Corp II approves 7th extension to July 5, 2025; draws $250K from sponsor note
Cartesian Growth Corp II
- Business combination period extended to July 5, 2025; the seventh of twelve permitted one-month extensions.
- Drew $250,000 from unsecured promissory note (principal up to $2.4M) issued to sponsor CGC II Sponsor LLC.
- Extension funds deposited into trust account per company's amended articles.
- Event occurred on May 30, 2025; filed on June 24, 2025.
item 2.03item 8.01