Factorial Energy Inc. (CGCT) Form 8-K — Jun 10, 2026
$CGCTForm 8-KItems 1.01, 2.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.05, 5.06, 7.01, 8.01, 9.01Filed Jun 10, 2026, 5:29 PM ET0001104659-26-072433Original filing
Factorial Energy Inc. (formerly Cartesian Growth Corporation III) completed its business combination with Factorial Inc. on June 5, 2026, and began trading on the Nasdaq Capital Market under the new ticker symbol 'FAC'. The transaction raised approximately $112.1 million in gross proceeds, including $100.9 million from PIPE investors and $11.2 million from the SPAC trust account, while $240.1 million was paid out to redeeming shareholders.
Key figures
- Pipe Proceeds
- 100900000
- Gross Proceeds
- 112100000
- Shares Redeemed
- 23051313
- Redemption Price
- 10.4159
- Redemption Amount
- 240100000
- Shares Outstanding
- 91510501
- Trust Account Proceeds
- 11200000
- Series BShares Outstanding
- 15512744
- Ceo LTIValue
- 5320000
- Ceo Base Salary
- 550000
- Consideration Ratio
- 3.6684
- Lockup Release Thresholds
- [12,14,16]
- Pipe Shares Institutional
- 6340000
- Pipe Shares Sponsor Affiliate
- 1179404
Price after filing
1 day: +7.9%7 days: -13.0%30 days: -39.0%
Close on the filing date to close N calendar days later (from $16.00). Historical, not a forecast.
AI analysis
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