Highbridge Capital Amends Cartesian Growth II Stake

TL;DR

**Highbridge Capital just updated its stake in Cartesian Growth II; watch for market reaction.**

AI Summary

Highbridge Capital Management, LLC filed an amended SC 13G/A on January 19, 2024, updating its beneficial ownership in Cartesian Growth Corp II's Class A Ordinary Shares as of December 31, 2023. This filing indicates a change in their holdings, which is important for investors because it shows a significant institutional investor is adjusting its position in the SPAC, potentially signaling a shift in their outlook on the company's future merger prospects or current valuation.

Why It Matters

This filing reveals an institutional investor's updated position, which can influence market perception and potentially impact the stock price of Cartesian Growth Corp II.

Risk Assessment

Risk Level: medium — Changes in institutional ownership can create volatility, especially for a SPAC like Cartesian Growth Corp II, which relies on investor confidence for its merger plans.

Analyst Insight

Investors should monitor subsequent filings from Highbridge Capital Management, LLC and other institutional investors to understand their evolving positions in Cartesian Growth Corp II, especially as the SPAC approaches a potential de-SPAC transaction.

Key Players & Entities

• Highbridge Capital Management, LLC (company) — the entity filing the SC 13G/A
• Cartesian Growth Corp II (company) — the issuer of the securities
• December 31, 2023 (date) — the date of the event requiring the filing
• January 19, 2024 (date) — the filing date of the SC 13G/A
• G19305112 (other) — CUSIP Number for Class A Ordinary Shares

FAQ

Key Financial Figures

• $0.0001 — e of Issuer) Class A Ordinary Shares, $0.0001 par value per share (Title of Class of

Filing Documents

• p24-0163sc13ga.htm (SC 13G/A) — 47KB
• 0000902664-24-000408.txt ( ) — 49KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is Cartesian Growth Corporation II (the " Company ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 505 Fifth Avenue, 15th Floor, New York, New York 10017.

(a)

Item 2(a). NAME OF PERSON FILING: This statement is filed by Highbridge Capital Management, LLC (" Highbridge " or the " Reporting Person "), a Delaware limited liability company and the investment adviser to certain funds and accounts (the " Highbridge Funds "), with respect to the Class A Ordinary Shares (as defined in Item 2(d) below) that were directly held by the Highbridge Funds.

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of Reporting Person is 277 Park Avenue, 23rd Floor, New York, New York 10172.

(c)

Item 2 (c). CITIZENSHIP: Highbridge is a Delaware limited liability company.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Class A ordinary shares, $0.0001 par value per share (the " Class A Ordinary Shares ").

(e)

Item 2 (e). CUSIP NUMBER: G19305112 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act, (b) ¨ Bank as defined in Section 3(a)(6) of the Act, (c) ¨ Insurance Company as defined in Section 3(a)(19) of the Act, (d) ¨ Investment Company registered under Section 8 of the Investment Company Act of 1940, (e) x An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E), CUSIP No. G19305112 13G/A Page 4 of 6 Pages (f) ¨ Employee Benefit Plan or Endowment Fund in accordance with Rule 13d1(b)(1)(ii)(F), (g) ¨ Parent Holding Company or control person in accordance with Rule 13d1(b)(1)(ii)(G), (h) ¨ Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) ¨ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, (j) ¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:________________________________________ Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page of the Reporting Person and is incorporated herein by reference. Item 5. If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ý Item 6. Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: January 19, 2024 HIGHBRIDGE CAPITAL MANAGEMENT, LLC By: /s/ Kirk Rule Name: Kirk Rule Title: Executive Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR