Cartesian Growth Corp II Files 8-K

TL;DR

Cartesian Growth Corp II just filed an 8-K on Oct 7, 2024, indicating a material agreement and new financial obligations.

AI Summary

On October 7, 2024, Cartesian Growth Corp II entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.

Why It Matters

This 8-K filing signals a significant event for Cartesian Growth Corp II, potentially involving new financial commitments or agreements that could impact its future operations and financial standing.

Risk Assessment

Risk Level: medium — The filing of an 8-K detailing material definitive agreements and financial obligations suggests potential changes or commitments that could carry financial risk.

Key Players & Entities

• Cartesian Growth Corp II (company) — Registrant
• October 7, 2024 (date) — Date of earliest event reported
• Cayman Islands (location) — State of incorporation

FAQ

Key Financial Figures

• $0.0001 — LC Class A ordinary shares, par value $0.0001 per share RENE The Nasdaq Stock Mar
• $11.50 — ordinary share at an exercise price of $11.50 RENEW The Nasdaq Stock Market LLC
• $150,000 — ion"), the Company drew an aggregate of $150,000 (the "Extension Funds") from the unsecu
• $1,800,000 — y note in the principal amount of up to $1,800,000, dated November 6, 2023 (the "Note"), b

Filing Documents

• tm2425871d1_8k.htm (8-K) — 35KB
• tm2425871d1_ex10-1.htm (EX-10.1) — 14KB
• 0001104659-24-107321.txt ( ) — 278KB
• reneu-20241007.xsd (EX-101.SCH) — 4KB
• reneu-20241007_def.xml (EX-101.DEF) — 27KB
• reneu-20241007_lab.xml (EX-101.LAB) — 36KB
• reneu-20241007_pre.xml (EX-101.PRE) — 25KB
• tm2425871d1_8k_htm.xml (XML) — 7KB

01

Item 1.01. Entry into a Material Definitive Agreement. On October 7, 2024, Cartesian Growth Corporation II (the "Company") and Continental Stock Transfer & Trust Company (the "Trustee") entered into an amendment (the "Amendment") to the Investment Management Trust Agreement, dated as of May 5, 2022 (the "Trust Agreement"), in order to permit the Trustee to hold funds in the Company's trust account (the "Trust Account") in an interest-bearing bank demand deposit account, in addition to investing such funds in U.S. government treasury obligations having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended, that invest only in direct U.S. government treasury obligations (collectively, "Treasury Obligations"). In connection therewith, the Company directed the Trustee to move the funds held within the Trust Account, which were previously invested in Treasury Obligations, into an interest-bearing bank demand deposit account. Other than set forth herein, the terms of the Trust Agreement remain unchanged. The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

03

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement or a Registrant.

01 of this Current Report on Form 8-K is

Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

01

Item 8.01. Other Events. On October 7, 2024, Cartesian Growth Corporation II (the "Company") approved the twelfth one-month extension of the time period during which it may consummate an initial business combination (such time period, the "Business Combination Period"). In connection with this extension of the Business Combination Period to November 10, 2024 (the "Extension"), the Company drew an aggregate of $150,000 (the "Extension Funds") from the unsecured promissory note in the principal amount of up to $1,800,000, dated November 6, 2023 (the "Note"), by the Company in favor of CGC II Sponsor LLC (the "Sponsor"). As provided for in the Company's amended and restated memorandum and articles of association (as amended, the "Articles"), the Sponsor (or its affiliates or permitted designees) will deposit the Extension Funds into the trust account that was established by the Company in connection with its initial public offering. The Extension is the twelfth of twelve one-month extensions permitted under the Articles.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 1 to Investment Management Trust Agreement, dated October 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARTESIAN GROWTH CORPORATION II By: /s/ Peter Yu Name: Peter Yu Title: Chief Executive Officer Date: October 9, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR