other_material
confidence high
sentiment neutral
materiality 0.30
Cartesian Growth Corp II extends business combination deadline to Aug 5, 2025 with $250k draw from sponsor note
Cartesian Growth Corp II
- Approved eighth one-month extension of business combination period to August 5, 2025.
- Drew $250,000 from unsecured promissory note from CGC II Sponsor LLC for deposit into trust account.
- This is the eighth of twelve one-month extensions allowed under the Company's articles.
- Principal amount of promissory note with sponsor is up to $2,400,000.
item 2.03item 8.01