Cartesian Growth Corp II signs non-binding framework to combine with PLXSUR

Cartesian Growth Corp II

Non-binding Letter of Framework entered with PLXSUR Limited for a potential business combination.
No guarantee that a definitive agreement will be reached; subject to board, stakeholder, and regulatory approvals.
Draft Business Combination Agreement outlines exchange of shares, sponsor support, and private warrant exchange.
Sponsor agrees to not convert loans, forfeit 1M shares to PLXSUR shareholders, and vote in favor.

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