CARTESIAN GROWTH CORPORATION II Cartesian Growth Corporation II announced that it will issue 8,000,000 warrants (or 8,900,000 warrants if the underwriters' option to purchase additional units is exercised in full) at a price of $1 per warrant for gross proceeds of $8,000,000 on December 23, 2021. The transaction will include participation from returning investor CGC II Sponsor LLC for 6,000,000 warrants and Cantor Fitzgerald & Co. for 2,000,000 warrants.
The warrants will be exercisable into common shares at a price of $11.50 per share. The securities will be subject to a hold period of 30 days from the date of issuance.
