[8-K] Cartesian Growth Corp II Reports Material Event

Rhea-AI Filing Summary

Cartesian Growth Corporation II entered into a new unsecured borrowing arrangement with its sponsor. On November 19, 2025, the company issued a promissory note for $250,000 to CGC II Sponsor LLC. The note bears no interest, and the principal becomes due on the earlier of completing the company’s initial business combination or the effective date of its winding up.

If the company completes its initial business combination, the sponsor may choose on the maturity date to convert some or all of the outstanding principal into working capital warrants at a rate of one warrant for each $1.00 of principal, rounded up to the nearest whole warrant. These warrants would have the same terms as the private placement warrants issued at the company’s IPO, including transfer restrictions. The note includes customary default provisions that can make the entire unpaid principal immediately due and payable.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 19, 2025

Cartesian Growth Corporation II

(Exact name of registrant as specified in its charter)

Cayman Islands	001-41378	N/A
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

505 Fifth Avenue, 15th Floor New York, New York	10017
(Address of principal executive offices)	(Zip Code)

(212) 461-6363

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01. Entry into a Material Definitive Agreement.

The information provided in Item 2.03 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On November 19, 2025, Cartesian Growth Corporation II (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of $250,000 to CGC II Sponsor LLC (the “Sponsor”). The Note does not bear interest and the principal balance will be payable on the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the date that the winding up of the Company is effective (such earlier date, the “Maturity Date”). In the event the Company consummates its initial business combination, the Sponsor has the option on the Maturity Date to convert all or any portion of the principal outstanding under the Note into that number of warrants (“Working Capital Warrants”) equal to the portion of the principal amount of the Note being converted divided by $1.00, rounded up to the nearest whole number. The terms of the Working Capital Warrants, if any, would be identical to the terms of the private placement warrants issued by the Company at the time of its initial public offering (the “IPO”), as described in the prospectus for the IPO dated May 5, 2022 and filed with the U.S. Securities and Exchange Commission, including the transfer restrictions applicable thereto. The Note is subject to customary events of default, the occurrence of certain of which automatically triggers the unpaid principal balance of the Note and all other sums payable with regard to the Note becoming immediately due and payable.

The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

The foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1		Promissory Note issued in favor of CGC II Sponsor LLC, dated November 19, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CARTESIAN GROWTH CORPORATION II

By:	/s/ Peter Yu
	Name:	Peter Yu
	Title:	Chief Executive Officer

Date: November 20, 2025

FAQ

What financing did Cartesian Growth Corporation II (REEUF) announce in this 8-K?

Cartesian Growth Corporation II issued an unsecured promissory note for $250,000 to its sponsor, CGC II Sponsor LLC, to provide additional working capital flexibility around its business combination process.

When is the $250,000 promissory note of Cartesian Growth Corporation II due?

The $250,000 note becomes payable on the earlier of (i) the date Cartesian Growth Corporation II completes its initial business combination or (ii) the date the company’s winding up is effective.

Does the new Cartesian Growth Corporation II sponsor note bear interest?

No. The promissory note issued by Cartesian Growth Corporation II to its sponsor is explicitly stated to not bear interest; only the principal of $250,000 is repayable.

Can the Cartesian Growth Corporation II sponsor convert the note into warrants?

Yes. If the initial business combination is completed, the sponsor may convert all or part of the outstanding principal into working capital warrants at the maturity date at a rate of one warrant per $1.00 of principal, rounded up to the nearest whole warrant.

What are the terms of the working capital warrants for Cartesian Growth Corporation II?

Any working capital warrants issued upon conversion would have terms identical to the private placement warrants from Cartesian Growth Corporation II’s IPO, including the same transfer restrictions described in the IPO prospectus dated May 5, 2022.

Under what legal exemption was the Cartesian Growth Corporation II note issued?

The issuance of the $250,000 promissory note to CGC II Sponsor LLC was made under the Section 4(a)(2) exemption of the Securities Act of 1933, covering transactions not involving a public offering.