Cartesian Growth Corp II Files 8-K for Financial Obligation
Ticker: REEUF · Form: 8-K · Filed: Dec 4, 2024 · CIK: 1889112
| Field | Detail |
|---|---|
| Company | Cartesian Growth Corp II (REEUF) |
| Form Type | 8-K |
| Filed Date | Dec 4, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $150,000, $2,400,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-obligation, SPAC
TL;DR
Cartesian Growth Corp II just filed an 8-K for a new financial obligation. Keep an eye on this.
AI Summary
On December 2, 2024, Cartesian Growth Corp II announced the creation of a direct financial obligation. The company is involved in the "blank checks" industry, specifically SIC code 6770, and is incorporated in the Cayman Islands with its principal executive offices located in New York.
Why It Matters
This filing indicates a new financial commitment or obligation for Cartesian Growth Corp II, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing of an 8-K for a direct financial obligation suggests potential changes in the company's financial leverage or commitments, which warrants attention.
Key Numbers
- 001-41378 — SEC File Number (Identifies the company's filing history with the SEC.)
Key Players & Entities
- Cartesian Growth Corp II (company) — Registrant
- December 2, 2024 (date) — Date of earliest event reported
- 6770 (other) — Standard Industrial Classification (SIC) code for Blank Checks
- Cayman Islands (location) — State of incorporation
- New York (location) — Principal executive office location
FAQ
What specific type of direct financial obligation did Cartesian Growth Corp II enter into?
The filing does not specify the exact nature of the direct financial obligation, only that one has been created.
What is the significance of SIC code 6770 for Cartesian Growth Corp II?
SIC code 6770 indicates that Cartesian Growth Corp II operates in the 'Blank Checks' industry, which typically refers to special purpose acquisition companies (SPACs).
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated December 2, 2024.
Where are the principal executive offices of Cartesian Growth Corp II located?
The principal executive offices are located at 505 Fifth Avenue, 15th Floor, New York, NY 10017.
What is the company's jurisdiction of incorporation?
Cartesian Growth Corp II is incorporated in the Cayman Islands.
Filing Stats: 595 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-12-04 16:05:34
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
- $2,400,000 — y note in the principal amount of up to $2,400,000, dated November 6, 2024 (the "Note"), b
Filing Documents
- tm2430120d1_8k.htm (8-K) — 29KB
- 0001104659-24-125514.txt ( ) — 253KB
- reneu-20241202.xsd (EX-101.SCH) — 4KB
- reneu-20241202_def.xml (EX-101.DEF) — 27KB
- reneu-20241202_lab.xml (EX-101.LAB) — 36KB
- reneu-20241202_pre.xml (EX-101.PRE) — 25KB
- tm2430120d1_8k_htm.xml (XML) — 7KB
03. Creation
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 incorporated by reference
Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
01. Other Events
Item 8.01. Other Events. On December 2, 2024, Cartesian Growth Corporation II (the "Company") approved the first 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 January 5, 2025 (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 $2,400,000, dated November 6, 2024 (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 first of twelve one-month extensions permitted under the Articles. 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: December 4, 2024