Cartesian Growth Corp III swings to Q1 FY26 profit of $1.68 million

Cartesian Growth Corp. III Class A

Cartesian Growth Corp. III Class A

CGCT

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  • Cartesian Growth Corporation III swung to net income of USD 1.68 million for quarter ended March 31, 2026, from a net loss of USD 20,449 a year earlier.
  • Interest earned on investments held in Trust Account totaled USD 2.49 million, while general and administrative costs were USD 811,301.
  • Marketable securities in Trust Account rose to USD 285.87 million as of March 31, 2026, while cash outside trust was USD 396,210.
  • Company expects proposed business combination with Factorial to close in mid-2026, following shareholder and stockholder approvals and other customary closing conditions.


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