M&A
confidence high
sentiment neutral
materiality 0.75
Factorial Energy completes SPAC merger with Cartesian Growth Corp III; begins trading June 8
Cartesian Growth Corp III
- Business combination closed June 5, 2026; Factorial Inc. merged into CGC as surviving subsidiary.
- CGC domesticated from Cayman Islands to Delaware and renamed Factorial Energy Inc. (PubCo).
- CGC redeemed 23,051,313 public shares validly submitted for redemption.
- All outstanding Class B ordinary shares converted into Class A shares on a one-for-one basis.
- PubCo Series A common stock (FAC) and warrants (FACWW) start trading on Nasdaq Capital Market on June 8, 2026.