Cartesian Growth Corp II (REEUF) seeks 1-year SPAC merger deadline extension
Cartesian Growth Corporation II is asking shareholders to approve an Extension Proposal that moves the SPAC’s business combination deadline from August 5, 2026 to August 5, 2027, plus a related Adjournment Proposal that would allow postponing the meeting if there are not enough votes for the extension.
Public shareholders may elect to redeem their Class A Ordinary Shares for cash equal to the funds in the trust account divided by public shares, estimated at about $12.47 per share based on roughly $38.4 million in the trust as of June 30, 2026; the market price was $12.00 on July 16, 2026. The sponsor and other initial shareholders hold about 65.1% of outstanding shares and intend to vote for both proposals. If the Extension Proposal is not approved and no business combination is completed by the current deadline, the company will redeem all public shares from the trust and then liquidate, and the warrants will expire worthless.
Positive
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Negative
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Filing Explained
The extension awaits the July 27 vote; approval would preserve the SPAC’s operating window to August 5, 2027, with redemptions due July 23.
The
Approval requires at least two-thirds of the voting shares represented and voting at the meeting; the initial shareholders hold approximately
A public holder seeking redemption in connection with the extension must submit the request and deliver the shares by
Key Figures
Key Terms
Trust Account financial
Extension Proposal regulatory
Adjournment Proposal regulatory
Committee on Foreign Investment in the United States (CFIUS) regulatory
Foreign Investment Risk Review Modernization Act of 2018 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Cartesian Growth Corp II (REEUF) asking shareholders to approve?
How much cash backs REEUF shares and what is the expected redemption price?
What happens to Cartesian Growth Corp II (REEUF) if the Extension Proposal is not approved?
How can REEUF public shareholders redeem their shares for cash at the meeting?
When and where is the REEUF extraordinary general meeting, and who can vote?
How large is the sponsor’s stake in Cartesian Growth Corp II (REEUF) and how will it vote?
SECURITIES AND EXCHANGE COMMISSION
Schedule 14A Information
Securities Exchange Act of 1934
505 Fifth Avenue, 15th Floor
New York, New York 10017
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/s/ Peter Yu
Peter Yu
Chairman of the Board of Directors and Chief Executive Officer |
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and is first being mailed to our shareholders with the form of proxy on or about July 17, 2026.
505 Fifth Avenue, 15th Floor
New York, New York 10017
TO BE HELD ON JULY 27, 2026
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/s/ Peter Yu
Peter Yu
Chairman of the Board of Directors and Chief Executive Officer |
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EXTRAORDINARY GENERAL MEETING IN LIEU OF AN ANNUAL MEETING TO BE HELD ON JULY 27, 2026
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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
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QUESTIONS AND ANSWERS ABOUT THE EXTRAORDINARY GENERAL MEETING
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RISK FACTORS
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THE EXTRAORDINARY GENERAL MEETING
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PROPOSAL NO. 1 — THE EXTENSION PROPOSAL
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PROPOSAL NO. 2 — THE ADJOURNMENT PROPOSAL
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BENEFICIAL OWNERSHIP OF SECURITIES
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SHAREHOLDER PROPOSALS
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DELIVERY OF DOCUMENTS TO SHAREHOLDERS
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WHERE YOU CAN FIND MORE INFORMATION
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ANNEX A
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PROXY STATEMENT
FOR THE EXTRAORDINARY GENERAL MEETING IN LIEU OF ANNUAL MEETING
To Be Held at 10:30 AM, Eastern Time on July 27, 2026
505 Fifth Avenue, 15th Floor
New York, New York 10017
Attn: Peter Yu
Telephone: (212) 461-6363
Email: contact@cartesiangrowth.com
333 Ludlow Street
5th Floor, South Tower
Stamford, CT 06902
Telephone: (800) 662-5200
(banks and brokers can call collect at (203) 658-9400)
Email: RENE @investor. sodali.com
One State Street Plaza, 30th Floor
New York, NY 10004
Attn: SPAC Redemption Team
E-mail: spacredemptions@continentalstock.com
333 Ludlow Street
5th Floor, South Tower
Stamford, CT 06902
Telephone: (800) 662-5200
(banks and brokers can call collect at (203) 658-9400)
Email: RENE@investor.sodali.com
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Class A Ordinary Shares
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Class B Ordinary Shares
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Name and Address of Beneficial Owner(1)
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Amount
and Nature of Beneficial Ownership |
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Approximate
Percentage of Class |
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Amount
and Nature of Beneficial Ownership |
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Approximate
Percentage of Class |
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Approximate
Percentage of Outstanding Ordinary Shares |
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CGC Sponsor LLC(2)
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| | | | 5,749,998 | | | | | | 65.1% | | | | | | 2 | | | | | | 100% | | | | | | 65.1% | | |
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Peter Yu(2)
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| | | | 5,749,998 | | | | | | 65.1% | | | | | | 2 | | | | | | 100% | | | | | | 65.1% | | |
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Beth Michelson
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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Rafael DeLuque
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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CGC II Sponsor DirectorCo LLC
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| | | | 99,999 | | | | | | 1.1% | | | | | | 1 | | | | | | 50% | | | | | | 1.1% | | |
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Bertrand Grabowski(3)
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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Daniel Karp(3)
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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Allan Leighton(3)
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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Sheryl Schwartz(3)
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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All directors and executive officers as a group (7 individuals)
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| | | | 5,749,998 | | | | | | 65.1% | | | | | | 2 | | | | | | 100% | | | | | | 65.1% | | |
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Meteora Capital, LLC(4)
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| | | | 1,943,119 | | | | | | 22.0% | | | | | | — | | | | | | — | | | | | | 22.0% | | |
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First Trust Merger Arbitrage Fund(5)
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| | | | 880,937 | | | | | | 10.0% | | | | | | — | | | | | | — | | | | | | 10.0% | | |
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W. R. Berkley Corporation(6)
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| | | | 1,080,913 | | | | | | 12.2% | | | | | | — | | | | | | — | | | | | | 12.2% | | |
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Context Capital Management LLC(7)
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| | | | 450,000 | | | | | | 5.1% | | | | | | | | | | | | | | | | | | 5.1% | | |
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MMCAP International Inc. SPC(8)
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| | | | 800,000 | | | | | | 9.1% | | | | | | | | | | | | | | | | | | 9.1% | | |
505 Fifth Avenue, 15th Floor
New York, New York 10017 (212) 461-6363 Attention: Peter Yu
Email: contact@cartesiangrowth.com
333 Ludlow Street
5th Floor, South Tower
Stamford, CT 06902
Individuals, please call toll-free: (800) 662-5200
Banks and brokerages, please call: (203) 658-9400
Email: RENE@investor. sodali.com
July 17, 2026
AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION
OF
CARTESIAN GROWTH CORPORATION II
FOR THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS IN LIEU OF ANNUAL MEETING TO BE HELD ON JULY 27, 2026
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FOR
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AGAINST
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Proposal 1 — The Extension Proposal
As a special resolution, to amend the Company’s Amended and Restated Memorandum and Articles of Association (the “Charter”) pursuant to an amendment to the Charter in the form set forth in Annex A of the accompanying proxy statement to extend the date by which the Company must (1) effect a merger, share exchange, asset acquisition, share purchase, or reorganization or engaging in any other similar business combination with one or more businesses or entities, which we refer to as our initial business combination, (2) cease its operations except for the purpose of winding up if it fails to complete such initial business combination, and (3) redeem all of the Class A ordinary shares, par value $0.0001 per share, of the Company (“Class A Ordinary Shares”), included as part of the units sold in the Company’s initial public offering that was consummated on May 10, 2022 (the “IPO”) if it fails to complete such initial business combination, from August 5, 2026 (the “Current Termination Date”) to August 5, 2027 (such date, the “Extended Date” and such proposal, the “Extension Proposal”);.
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Proposal 2 — The Adjournment Proposal
As an ordinary resolution, to approve the adjournment of the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Proposal (the “Adjournment Proposal”), which will only be presented at the Extraordinary General Meeting if, based on the tabulated votes, there are not sufficient votes at the time of the Extraordinary General Meeting to approve the Extension Proposal, in which case the Adjournment Proposal will be the only proposal presented at the Extraordinary General Meeting.
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