Cartesian Growth Corp III (CGCT) Form 8-K — May 18, 2026
Cartesian Growth Corporation III issued a $150,000 unsecured promissory note to its sponsor, CGC III Sponsor LLC, on May 18, 2026. The note bears no interest and is payable upon the earlier of the company’s initial business combination or its winding up. The sponsor has the option to convert the note principal into working capital warrants at a rate of $1.00 per warrant if the business combination is consummated. These warrants would have terms identical to the private placement warrants issued during the company’s IPO.
Key figures
- Debt Amount
- 150000
- Interest Rate
- 0
- Warrant exercise price
- 11.5
- Conversion price per warrant
- 1
Price after filing
Close on the filing date to close N calendar days later (from $10.39). Historical, not a forecast.
AI analysis
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