Cartesian Growth Corporation II(RENEU)

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Cartesian Growth Corporation II(RENEU) - 2022 Q3 - Quarterly Report
2022-11-08 21:06
Financial Performance - For the three months ended September 30, 2022, the company reported a net income of $5,883,047, driven by a change in the fair value of warrant liabilities of $4,284,045 and interest earned of $1,037,897[117]. - For the nine months ended September 30, 2022, the company achieved a net income of $5,497,655, with significant contributions from a change in the fair value of warrant liabilities of $3,871,253 and interest income of $1,052,221[118]. Cash and Securities - As of September 30, 2022, the company held cash and marketable securities in the Trust Account amounting to $237,952,221, including approximately $1,052,221 of interest income[124]. - As of September 30, 2022, the company had cash held outside the Trust Account of $660,551 available for working capital needs[125]. Initial Public Offering - The company completed its Initial Public Offering on May 10, 2022, raising total gross proceeds of $230,000,000 from the sale of 23,000,000 Units at $10.00 per Unit[120]. - The company incurred transaction costs of $16,804,728 related to the Initial Public Offering, which included $4,600,000 in underwriting commissions[122]. Debt and Liquidity - The company has no long-term debt obligations or off-balance sheet arrangements as of September 30, 2022[130]. - The company has raised $4,600,000 in a Sponsor Loan, which may be converted into sponsor loan warrants at the Sponsor's discretion[121]. - The company has identified a liquidity condition that raises substantial doubt about its ability to continue as a going concern beyond November 10, 2023[127]. Accounting Standards - The company adopted ASU 2020-06 effective January 1, 2022, with no impact on its financial position, results of operations, or cash flows[139]. - Management believes that recently issued accounting standards, if adopted, would not have a material effect on the condensed financial statements[140]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[141].
Cartesian Growth Corporation II(RENEU) - 2022 Q2 - Quarterly Report
2022-08-15 20:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41378 CARTESIAN GROWTH CORPORATION II (Exact name of registrant as specified in its charter) | Cayman Islands | N/A | | --- | -- ...
Cartesian Growth Corporation II(RENEU) - 2022 Q1 - Quarterly Report
2022-06-17 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to Commission file number: 001-41378 Cartesian Growth Corporation II (Exact Name of Registrant as Specified in Its Charter) | Cayman Islands | N/A | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | | 505 Fifth Avenue, 15th Floor | | | New York, New York | 10017 | (Address of principal executive offices) (Zip Code) (212) 461-6363 ( ...