Company: RENEF
Filing Date: 2025-10-08
Form Type: PRE 14A
Source: 0001104659-25-097940
Chunk: 40

Company: Cartesian Growth Corp II
Filing Date: 2025-10-08
Form: PRE 14A
Chunk 40
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.cartesiangrowth.com/cgc2. Our website and the information contained on, or that can be accessed through, the website
is not deemed to be incorporated by reference in, and is not considered part of, this proxy statement.

<div align='center'>19

PROPOSAL NO. 1 — THE EXTENSION PROPOSAL</div>

Background

On May 10, 2022, the Company
consummated an IPO of 23,000,000 units at $10.00 per unit (the “Units” and, with respect to the ordinary shares included
in the Units, the “Public Shares”), including the issuance of 3,000,000 units as a result of the underwriters’ full
exercise of their over-allotment option, at $10.00 per unit, and the sale of 8,900,000 Private Warrants at a price of $1.00 per Private
Warrant in a private placement to the Sponsor that closed simultaneously with the closing of the IPO, generating gross proceeds of $8,900,000
(the “Private Placement”). The Company has listed the Units on the Nasdaq Stock Market LLC (“Nasdaq”). A total
of $236,900,000 ($10.30 per unit) of the net proceeds from the IPO, including the full exercise of the over-allotment option, the sale
of the private placement warrants and the sponsor loan, was placed in the Trust Account. Transaction costs of the IPO amounted to $16,804,728,
consisting of $4,600,000 of underwriting commissions, $11,500,000 of deferred underwriting commissions and $704,728 of other offering
costs.

On November 6, 2023, the
Company’s shareholders approved an amendment to our Charter (the First Charter Amendment”). The First Charter Amendment extended
the date by which we had to consummate a business combination for up to an additional twelve months, from November 10, 2023, to up to
November 10, 2024 (referred to as the “First Extension” and such applicable later date, the “First Extended Date”),
provided that the Sponsor (or its affiliates or permitted designees) deposit into the Trust Account for each such one-month extension
the lesser of (a) an aggregate of $150,000 and (b) $0.02 per public share that remains outstanding and is not redeemed prior to any such
one-month extension