Cartesian Growth Corp IV (CGCFU) backer reports 19.8% stake via Class B shares
Rhea-AI Filing Summary
CGC IV Sponsor LLC, together with Peter Yu, reports beneficial ownership of Cartesian Growth Corp IV’s equity. The sponsor holds 6,775,000 Class B ordinary shares, which on an as-converted basis represent 19.8% of the issuer’s outstanding Class A ordinary shares.
The Class B shares automatically convert into Class A shares on a one-for-one basis upon completion of Cartesian Growth Corp IV’s initial business combination or earlier at the holder’s option, with no expiration date. Peter Yu controls the sponsor’s managing entity, and may be deemed to share voting and dispositive power, as well as an economic interest, over these securities.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 6,775,000 Class B ordinary shares
Ownership percentage: 19.8%
Shares outstanding: 27,500,000 Class A Shares
+2 more
5 metrics
Beneficially owned shares
6,775,000 Class B ordinary shares
Held by CGC IV Sponsor LLC, convertible into Class A shares
Ownership percentage
19.8%
Beneficial ownership of Class A ordinary shares on an as-converted basis
Shares outstanding
27,500,000 Class A Shares
Outstanding as of August 7, 2026, used to calculate ownership percentage
Conversion ratio
One-for-one
Class B ordinary shares convert into Class A ordinary shares
CUSIP
G19316101
Identifier for Cartesian Growth Corp IV Class A ordinary shares
Key Terms
beneficial ownership, Class B ordinary shares, as-converted basis, initial business combination, +1 more
5 terms
beneficial ownership financial
"The aggregate percentage of Class A Shares beneficially owned by each of the Reporting Persons"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
as-converted basis financial
"representing 19.8% of the outstanding Class A Shares, on an as-converted basis"
As-converted basis means counting securities that can become common stock—like convertible bonds or preferred shares—as if they already were common shares when calculating totals such as shares outstanding, ownership percentages, or per-share metrics. Investors use it to see the potential dilution and the “what-if” size of the shareholder base; it’s like imagining all restaurant coupons have been redeemed so you know how crowded the table could become and how slices of the pie would shrink.
initial business combination financial
"The Class B Shares will automatically convert into Class A Shares concurrently with or immediately following the consummation of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
voting and dispositive control financial
"Mr. Yu may be deemed to share voting and dispositive control over the securities held by the Sponsor"
FAQ
What stake in Cartesian Growth Corp IV (CGCFU) does CGC IV Sponsor LLC report?
CGC IV Sponsor LLC reports beneficial ownership of 6,775,000 Class B ordinary shares of Cartesian Growth Corp IV, representing 19.8% of the outstanding Class A ordinary shares on an as-converted basis, based on 27,500,000 Class A shares outstanding.
What percentage of Cartesian Growth Corp IV (CGCFU) is owned by the reporting persons?
The reporting persons disclose beneficial ownership of 19.8% of Cartesian Growth Corp IV’s Class A ordinary shares on an as-converted basis, calculated using 27,500,000 Class A shares outstanding as of August 7, 2026, plus shares issuable upon conversion of the Class B shares.
What is Peter Yu’s relationship to CGC IV Sponsor LLC in the Cartesian Growth Corp IV (CGCFU) filing?
Peter Yu is identified as controlling CGC IV Sponsor Manager LLC, the sole member of CGC IV Sponsor LLC. Through this control, he may be deemed to share voting and dispositive power and beneficial ownership over the shares held by the sponsor.
What class of securities is reported in the Cartesian Growth Corp IV (CGCFU) Schedule 13G?
The filing covers Cartesian Growth Corp IV Class A ordinary shares, par value $0.0001 per share, CUSIP G19316101. The reported holdings are Class B shares that are convertible into Class A shares on a one-for-one basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.