Monitor for announcement of a business combination target, which would trigger warrant conversion and provide clarity on the SPAC's acquisition trajectory.
Price Chart
Executive Summary
Cartesian Growth Corp II, a SPAC, issued a $150,000 unsecured promissory note to its sponsor CGC II Sponsor LLC for working capital. The note is non-interest-bearing, due upon the earlier of a business combination or winding up, and convertible into warrants at the sponsor's option upon a deal. This is a routine SPAC working capital loan with no material financial impact.
Key Financial Metrics
Key Facts
- Issued $150,000 unsecured promissory note to sponsor CGC II Sponsor LLC on October 12, 2026
- Note bears no interest; principal due upon business combination or winding up
- Sponsor may convert principal into working capital warrants at $1.00 per warrant upon a business combination
- Working capital warrants have same terms as IPO private placement warrants
- Proceeds used for working capital, not disclosed for any specific acquisition
Financial Impact
$150,000 working capital loan, no interest, convertible into warrants at $1.00 per warrant
Risk Factors
- No identified business combination target — SPAC may fail to consummate a deal and wind up
- Warrant conversion could cause modest dilution upon a business combination
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001185185-26-004736 |
| Document: cgciiex10-1.htm | 0001185185-26-004736 |
| Document: 0001185185-26-004736-index-headers.html | 0001185185-26-004736 |
| Document: 0001185185-26-004736-index.html | 0001185185-26-004736 |
| Document: 0001185185-26-004736.txt | 0001185185-26-004736 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 13d ago | 8-K | $12.71 | awaiting T+20 | — | $12.71 (+0.00%) |
Jul 24, 2026 13w ago | DEFA14A / 8-K | $12.71 $12.71 | · 0.00% | ▼ −3.30% | $12.71 (+0.00%) |
Jul 24, 2026 13w ago | 8-K | $12.71 $12.71 | · 0.00% | ▼ −3.30% | $12.71 (+0.00%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers