Company: RENEF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001410578-25-001350
Chunk: 2

Company: Cartesian Growth Corp II
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1I
Chunk 2
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Item 1. Financial Statements.

CARTESIAN GROWTH CORPORATION II

CONDENSED BALANCE SHEETS

​​​​​​​​​March 31,​​​​​2025​December 31,​    (Unaudited)    2024ASSETS​  ​​  ​Current assets​  ​​  ​Cash​$ 81,252​$ 236,700Prepaid expenses​  203,835​  202,147Total Current assets​  285,087​  438,847​​​​​​​Cash and marketable securities held in Trust Account​  85,688,408​  84,565,597TOTAL ASSETS​$ 85,973,495​$ 85,004,444​​​​​​​LIABILITIES AND SHAREHOLDERS’ DEFICIT​  ​​   Current liabilities​  ​​   Accrued expenses​$ 1,418,045​$ 1,376,418Promissory note​  2,550,000​  2,100,000Total Current liabilities​  3,968,045​  3,476,418​​​​​​​Warrant liabilities​  1,166,293​  1,244,157Convertible promissory note – related party, at fair value​  4,475,162​  4,479,738Deferred underwriting fee​  11,500,000​  11,500,000TOTAL LIABILITIES​  21,109,500​  20,700,313​​​​​​​COMMITMENTS AND CONTINGENCIES (Note 6)​ ​​ ​Class A ordinary shares subject to possible redemption; 7,249,712 shares at redemption value of approximately $11.82 and $11.66 per share as of March 31, 2025 and December 31, 2024​  85,688,408​  84,565,597​​​​​​​SHAREHOLDERS’ DEFICIT​ ​​ ​Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding​ —​ —Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 5,749,998 issued and outstanding (excluding 7,249