Company: RENEF
Filing Date: 2025-10-20
Form Type: DEF 14A
Source: 0001104659-25-100857
Chunk: 2

Company: Cartesian Growth Corp II
Filing Date: 2025-10-20
Form: DEF 14A
Chunk 2
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 carefully.

Pursuant to the Charter,
the Company has until 42 months from the closing of the IPO, or November 5, 2025, to complete an initial
business combination. The Board believes that there may not be sufficient time before the Current Termination Date to complete an initial
business combination. Accordingly, the Board believes that in order to be able to complete an initial business combination, it is appropriate
to obtain the Extension. Therefore, the Board has determined that it is in the best interests of our shareholders to extend the date
by which the Company must complete an initial business combination to the Extended Date. If the Extension Proposal is approved, we plan
to hold another shareholder meeting prior to the Extended Date in order to seek shareholder approval of an initial business combination
and related proposals.

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 established in connection with the IPO (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. If the Extension Proposal is approved by the requisite
vote of shareholders, the remaining public shareholders will retain their right to redeem their Class A Ordinary Shares upon consummation
of our initial business combination when it is submitted to a vote of the shareholders, subject to any limitations set forth in the Charter,
as amended. In addition, public shareholders will be entitled to have their shares redeemed for cash if the Company has not completed
an initial business combination by the Extended Date.

Based on the approximate amount
of $88,728,622 million held in the Trust Account as of October 17, 2025, the Company
anticipates that the per-share price at which public shares will be redeemed from cash held in the Trust Account will be approximately
$12.24 at the time of the Extraordinary General Meeting. The closing price of the Company’s Class
A Ordinary Share on October 17, 2025 was $12.20 per share. The Company cannot assure shareholders that they will be able
to sell their Class A Ordinary Shares in the open market, even if the market price per share is higher than the redemption price stated
above, as there may not be sufficient liquidity in its securities when such shareholders wish to