Company: RENEF
Filing Date: 2025-10-08
Form Type: PRE 14A
Source: 0001104659-25-097940
Chunk: 33

Company: Cartesian Growth Corp II
Filing Date: 2025-10-08
Form: PRE 14A
Chunk 33
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 hold the funds in the Trust Account in cash until the earlier of the consummation of our initial Business Combination or our liquidation. As a result, going forward, we will receive interest at prevailing bank rates, which are subject to fluctuation, on the funds held in the Trust Account, which would reduce the dollar amount our public stockholders would receive upon any redemption or liquidation of the Company.

If we are deemed to be an
investment company under the Investment Company Act, our activities may be restricted, including, without limitation, restrictions on
the nature of our investments, restrictions on the issuance of securities, and restrictions on the enforceability of agreements entered
into by us, each of which may make it difficult for us to complete the Business Combination. In addition, we may have imposed upon us
burdensome requirements, including, without limitation, registration as an investment company with the SEC (which may be impractical
and would require significant changes in, among other things, our capital structure); adoption of a specific form of corporate structure;
and reporting, record keeping, voting, proxy and disclosure requirements and compliance with other rules and regulations that we are
currently not subject to.

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In order not to be regulated
as an investment company under the Investment Company Act, unless we can qualify for an exclusion, we must ensure that we are engaged
primarily in a business other than investing, reinvesting or trading in securities and that our activities do not include investing,
reinvesting, owning, holding or trading “investment securities” constituting more than 40% of our total assets (exclusive
of U.S. government securities and cash items) on an unconsolidated basis. Our business is to identify and complete a Business Combination
and thereafter to operate the post- transaction business or assets for the long term. We do not plan to buy businesses or assets with
a view to resale or profit from their resale. We do not plan to buy unrelated businesses or assets or to be a passive investor.

Previously, the funds in
the Trust Account had, since our IPO, been held only in U.S. government treasury obligations with a maturity of 185 days or less or in
money market funds investing solely in U.S. government treasury obligations and meeting certain conditions under Rule 2a-7 under the
Investment Company Act. To mitigate the risk of us being deemed to be an unregistered investment company (including under the subjective
test of