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Cartesian Growth Corp III Unit(CGCTU) - 2025 Q3 - Quarterly Report
2025-11-14 21:01
Financial Performance - For the three months ended September 30, 2025, the company reported a net income of $2,764,627, primarily from interest earned on investments held in the Trust Account of $2,901,973, after deducting general and administrative costs of $137,346 [117]. - For the nine months ended September 30, 2025, the company achieved a net income of $4,063,344, with interest income from the Trust Account totaling $4,669,717, offset by general and administrative costs of $606,373 [117]. Trust Account and Securities - As of September 30, 2025, the company held marketable securities in the Trust Account amounting to $280,669,717, which includes approximately $4,669,717 of interest income [122]. Initial Public Offering - The company completed its Initial Public Offering on May 5, 2025, raising gross proceeds of $276,000,000 from the sale of 27,600,000 units at $10.00 per unit, including the full exercise of the underwriters' over-allotment option [119]. - Transaction costs incurred during the Initial Public Offering totaled $18,821,468, which included $4,800,000 in cash underwriting commissions and $13,140,000 in deferred underwriting commissions [120]. Cash and Operational Needs - As of September 30, 2025, the company had cash of $660,638 available for operational activities and due diligence on prospective target businesses [123]. - The company anticipates needing to raise additional funds to meet operational expenditures prior to the initial Business Combination and may issue additional securities or incur debt for this purpose [126]. - The company incurred $468,024 in cash used for operating activities for the nine months ended September 30, 2025 [121]. Obligations and Debt - The company has no long-term debt obligations or off-balance sheet arrangements as of September 30, 2025 [127][128]. - The company has a contractual obligation to pay the Sponsor $10,000 per month for office space and administrative support until the completion of the initial Business Combination [128].
Cartesian Growth Corp III Unit(CGCTU) - 2025 Q2 - Quarterly Report
2025-08-15 01:01
Financial Performance - For the three months ended June 30, 2025, the company reported a net income of $1,319,166, consisting of interest earned on investments held in the Trust Account of $1,767,744, offset by general and administrative costs of $448,578[122]. - For the six months ended June 30, 2025, the company had a net income of $1,298,717, with interest income from the Trust Account amounting to $1,767,744 and general and administrative costs of $469,027[122]. Trust Account and Securities - As of June 30, 2025, the company held marketable securities in the Trust Account valued at $277,767,744, which includes approximately $1,767,744 of interest income[127]. - The company intends to use substantially all funds in the Trust Account to complete its initial Business Combination and for working capital to finance operations of the target business[127]. Initial Public Offering - The company completed its Initial Public Offering on May 5, 2025, raising gross proceeds of $276,000,000 from the sale of 27,600,000 units at $10.00 per unit[124]. - Transaction costs incurred during the Initial Public Offering totaled $18,821,468, which included $4,800,000 in cash underwriting commissions and $13,140,000 in deferred underwriting commissions[125]. Cash and Financing - As of June 30, 2025, the company had cash of $827,241 available for operational activities and evaluating target businesses[128]. - The company may require additional financing to complete its initial Business Combination or to address significant redemptions of public shares[132]. - The company has no long-term debt obligations or off-balance sheet arrangements as of June 30, 2025[133][134]. Registration Rights - The company has granted registration rights to holders of founder shares and Private Placement Warrants, allowing them to demand registration of their securities[137].
Cartesian Growth Corp III Unit(CGCTU) - 2025 Q1 - Quarterly Report
2025-06-16 21:57
Financial Performance - The company reported a net loss of $20,449 for the three months ended March 31, 2025, primarily due to general and administrative costs [102]. - The company has not generated any revenues to date and does not expect to do so until after the completion of its initial Business Combination [101]. Initial Public Offering - As of May 5, 2025, the company completed its Initial Public Offering of 27,600,000 units at $10.00 per unit, raising a total of $276,000,000 placed in the Trust Account [105][106]. - The company incurred transaction costs of $18,821,468 related to the Initial Public Offering, including $4,800,000 in cash underwriting commissions and $13,140,000 in deferred underwriting commissions [106][114]. Use of Funds - The company intends to use substantially all funds in the Trust Account to complete its initial Business Combination and for working capital to finance operations of the target business [107]. - The company may need additional financing to complete its initial Business Combination or to cover redemptions of public shares [110]. Debt and Obligations - The company has no long-term debt obligations or off-balance sheet arrangements as of March 31, 2025 [111]. - The company has a contractual obligation to pay the Sponsor $10,000 per month for office space and administrative support, starting May 1, 2025 [112]. Business Strategy - The company is focused on acquiring high-growth businesses with proven or potential transnational operations [99]. - The company has the option to convert up to $1,500,000 of Working Capital Loans into warrants at a price of $1.00 per warrant [109].
Cartesian Growth Corp III Unit(CGCTU) - Prospectus(update)
2025-04-14 19:18
As filed with the Securities and Exchange Commission on April 14, 2025. Registration No. 333-284565 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 5 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARTESIAN GROWTH CORPORATION III (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Cayman Islands 6770 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identif ...
Cartesian Growth Corp III Unit(CGCTU) - Prospectus(update)
2025-04-10 21:10
As filed with the Securities and Exchange Commission on April 10, 2025. Registration No. 333-284565 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARTESIAN GROWTH CORPORATION III (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Address, including zip code, and telephone number, including area code, of regis ...
Cartesian Growth Corp III Unit(CGCTU) - Prospectus(update)
2025-04-03 10:33
(State or other jurisdiction of incorporation or organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARTESIAN GROWTH CORPORATION III Registration No. 333-284565 (Exact name of registrant as specified in its charter) As filed with the Securities and Exchange Commission on April 2, 2025. Cayman Islands 6770 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifi ...
Cartesian Growth Corp III Unit(CGCTU) - Prospectus(update)
2025-03-21 19:59
As filed with the Securities and Exchange Commission on March 21, 2025. Registration No. 333-284565 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARTESIAN GROWTH CORPORATION III (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identif ...
Cartesian Growth Corp III Unit(CGCTU) - Prospectus(update)
2025-03-05 22:25
As filed with the Securities and Exchange Commission on March 5, 2025. Registration No. 333-284565 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARTESIAN GROWTH CORPORATION III (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifi ...
Cartesian Growth Corp III Unit(CGCTU) - Prospectus
2025-01-29 11:00
As filed with the Securities and Exchange Commission on January 28, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARTESIAN GROWTH CORPORATION III (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Name, address, including zip code, and telephone number, including area code, of agent for service) Cop ...