secwatch.observer — SEC 8-K summary
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Issuer:     Cartesian Growth Corp III (CGCT)
CIK:        0002049662
Form:       8-K
Filed at:   2026-06-10T21:29:05+00:00
Accession:  0001104659-26-072433
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.03, 2.01, 3.02, 9.01, 4.01, 3.03, 8.01, 5.01, 5.02, 5.05, 5.06, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Factorial Energy completes de-SPAC merger, lists on Nasdaq as FAC and FACWW
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- Business combination closed June 5, 2026; CGC domesticated to Delaware and renamed Factorial Energy Inc.
- Approximately 23.05M SPAC shares redeemed at $10.4159 each for aggregate ~$240.1M.
- Gross proceeds of ~$112.1M from trust ($11.2M) and PIPE ($100.9M, incl. NRA proceeds).
- Post-combination: ~73.6M Series A shares to non-founder Factorial holders; ~15.5M Series B shares to founders.
- Adopted 2026 Equity Incentive Plan (21M shares initial) and Employee Stock Purchase Plan (1.83M shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2049662/000110465926072433/0001104659-26-072433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2049662/000110465926072433/tm2617149d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-072433

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