SPAC Update: Cartesian Growth Corp II Extension Approved
Cartesian Growth Corp II shareholders approved the Extension Proposal at an Extraordinary Meeting on November 3, 2025.
- New Deadline: The date to complete a business combination is extended from Nov 5, 2025, to August 5, 2026.
- Redemptions: In connection with the vote, holders redeemed 4,173,618 Class A shares (~\(51.22 million) at ~\)12.27 per share.
- Trust Value: This leaves approximately $37.75 million remaining in the Trust Account for a future acquisition.
- The company remains an **Emerging