Company: RENEF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001410578-25-001350
Chunk: 1

Company: Cartesian Growth Corp II
Filing Date: 2025-05-15
Form: 10-Q
Item: Part II, Item 1A
Chunk 1
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 qualify as covered securities under the statute. However, as our securities are no longer listed on Nasdaq, our securities do not qualify as covered securities under the statute and we are subject to regulation in each state in which we offer our securities. Certain state securities regulators view blank check companies unfavorably and might use their powers, or threaten to use their powers, to hinder the sale of securities of blank check companies in their states.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

On May 10, 2022, we consummated the initial public offering of 23,000,000 units, including the full exercise by underwriters of their over-allotment option, at a purchase price of $10.00 per unit, generating total gross proceeds of $230,000,000. The securities sold in our initial public offering were registered under the Securities Act on registration statement on Form S-1 (File No. 333-261866). The registration statement became effective on March 5, 2022.

A total of $236,900,000 of the net proceeds from the initial public offering, the sale of the private placement warrants and the sponsor loan was deposited in a trust account established for the benefit of our public shareholders, with Continental Stock Transfer & Trust