Company: RENEF
Filing Date: 2025-10-20
Form Type: DEF 14A
Source: 0001104659-25-100857
Chunk: 32

Company: Cartesian Growth Corp II
Filing Date: 2025-10-20
Form: DEF 14A
Chunk 32
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 are deemed to be an investment company under the Investment
Company Act, our activities would be severely restricted. In addition, we would be subject to burdensome compliance requirements. We
do not believe that our principal activities will subject us to regulation as an investment company under the Investment Company Act.
However, if we are deemed to be an investment company and subject to compliance with and regulation under the Investment Company Act,
we would be subject to additional regulatory burdens and expenses for which we have not allotted funds. As a result, unless we are able
to modify our activities so that we would not be deemed an investment company, we would expect to abandon our efforts to complete an
initial business combination and instead to liquidate. If we are required to liquidate, our shareholders would not be able to realize
the benefits of owning stock in a successor operating business, including the potential appreciation in the value of our stock and warrants
following such a transaction, and our warrants would expire worthless.

To mitigate the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, pursuant to our instruction, the trustee of the Trust Account liquidated the securities held in the Trust Account and will 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