Company: RENEF
Filing Date: 2025-10-20
Form Type: DEF 14A
Source: 0001104659-25-100857
Chunk: 16

Company: Cartesian Growth Corp II
Filing Date: 2025-10-20
Form: DEF 14A
Chunk 16
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, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem
the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including
interest earned on the funds held in the Trust Account and not previously released to the Company (less taxes payable and up to $100,000
of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish
public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii)
as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of
directors, liquidate and dissolve, subject, in each case, to our obligations under Cayman Islands law to provide for claims of creditors
and in all cases subject to the other requirements of applicable law.

We believe that the provisions
of the Charter described in the preceding paragraph were included to protect the Company’s shareholders from having to sustain
their investments for an unreasonably long period if the Company failed to find a suitable initial business combination in the timeframe
contemplated by the Charter. Consistent with that belief, in connection with the Extension, public shareholders may elect to redeem their
shares for a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest
not previously released to the Company to pay its taxes, if any, divided by the number of then-issued and outstanding Class A Ordinary
Shares, regardless of how such public shareholders vote on the Extension Proposal, or if they vote at all. We believe that, given the
Company’s expenditure of time, effort, and money on pursuing an initial business combination, the Extension is warranted and beneficial
for those shareholders who do not elect to redeem their shares.

Liquidation of the Trust
Account is a fundamental obligation of the Company to the public shareholders and the Company is not proposing and will not propose to
change that obligation to the public shareholders. If holders of public shares do not elect to redeem their public shares, such holders
shall retain redemption rights in connection with an initial business combination. Assuming the Extension is approved, the Company will
have until the Extended Date to complete an initial business combination.

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Our Board recommends that
you vote in favor of the Extension Proposal but expresses no opinion as to whether you should redeem your public shares.