Cartesian Growth Corporation II Faces Delisting from Nasdaq Due to Failure to Meet Business Combination Deadline
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Cartesian Growth Corporation II will be delisted from the Nasdaq due to not completing a business combination within the required 36 months post-IPO. Trading of its Class A common stock, warrants, and units will be suspended on May 13, 2025. The company will not appeal the decision and plans to have its securities quoted on the over-the-counter market, while continuing as a reporting entity under the Securities Exchange Act of 1934.
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