Cartesian Growth Corporation II

Cartesian Growth Corporation II is a blank check company incorporated in the Cayman Islands. Its primary purpose is to complete an initial business combination, which may include a merger, share exchange, asset acquisition, share purchase, reorganization, or similar transaction with one or more businesses or entities. While the company may pursue an initial business combination in any industry or sector, it initially focuses on high-growth businesses with established or potential transnational operations or outlooks. The company seeks target businesses where it anticipates driving ongoing value creation after the initial business combination. On May 10, 2022, Cartesian Growth Corporation II completed its initial public offering (IPO) by selling 23,000,000 units, including the full exercise of the underwriters' over-allotment option, at $10.00 per unit. This generated total gross proceeds of $230,000,000. Concurrently with the IPO closing, the company sold 8,900,000 private placement warrants to its sponsor at $1.00 per warrant, generating gross proceeds of $8,900,000. Each private placement warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. Simultaneously, the sponsor loaned the company $4,600,000 at no interest. This sponsor loan can be repaid or converted into sponsor loan warrants at a conversion price of $1.00 per sponsor loan warrant, at the sponsor's discretion. These sponsor loan warrants will be identical to the private placement warrants.