Overview
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Description
Cartesian Growth Corporation II is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), incorporated in the Cayman Islands in 2021 and based in New York, New York. It currently conducts no significant operations and exists solely to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more high-growth businesses or entities. Following its initial public offering in May 2022, which raised $230 million through the sale of 23 million units, the company holds proceeds in a trust account, generating interest income while actively seeking suitable merger targets to deliver value to shareholders. Sponsored by CGC II Sponsor LLC, an affiliate of Cartesian Capital Group LLC, it benefits from the management team's financial and operational expertise. Key executives include Chairman and CEO Dr. Peter Michael Yu Ph.D., CFO Beth S. Michelson CFA, and senior managing directors Paul Seungpyo Hong and Gregory R. Armstrong. Classified in the shell companies industry within the financials sector, Cartesian Growth Corporation II provides a pathway for target companies to access public markets and growth capital, with ongoing extensions to its business combination deadline as of early 2025.
About
CEO
Dr. Peter Michael Yu Ph.D.
Employees
—
Address
505 Fifth Avenue
15th Floor
New York, 10017, NY
United States
15th Floor
New York, 10017, NY
United States
Phone
212 461 6363
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Shell Companies
Country
United States
MIC code
PINX