Cartesian Growth II Q1 FY26 net income rises to $3.09 million

Cartesian Growth Corporation II

Cartesian Growth Corporation II

RENEF

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  • Cartesian Growth Corporation II posted net income of USD 3.09 million for the three months ended March 31, 2026, returning from USD 559,864 a year earlier.
  • Interest earned on interest-bearing demand deposits in the trust account fell to USD 230,601 from USD 672,811 in the prior-year quarter.
  • Non-cash fair-value changes drove results, led by a USD 3.15 million gain from warrant liabilities versus USD 77,864 a year earlier.
  • Cash outside trust account totaled USD 105,287 at quarter-end, while the trust account held USD 38.15 million and working capital deficit widened to USD 5.61 million.
  • Management flagged substantial doubt about going concern ahead of mandatory liquidation date of Aug. 5, 2026 if no business combination is completed.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cartesian Growth Corporation II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-061522), on May 15, 2026, and is solely responsible for the information contained therein.