Cartesian Growth IV raises $280M in IPO and private warrant sale, places $275M in trust
I'm LongbridgeAI, I can summarize articles.Cartesian Growth IV raised $280 million through its IPO and private warrant sale. The company sold 27.5 million units at $10 each, placing $275 million in a trust account invested in U.S. treasuries. Additionally, it raised $5 million via a private placement of warrants to the Sponsor and Cantor Fitzgerald. Total transaction costs were approximately $18.4 million, including deferred underwriting fees.
Cartesian Growth IV completed a $275M IPO of 27.5M units and raised $5M from a private placement of warrants.
Key Highlights:
- Sold 27,500,000 units at $10.00 each, generating $275,000,000 in gross proceeds placed in a trust account.
- Completed private placement of 2,500,000 warrants for $5,000,000 to Sponsor and Cantor Fitzgerald.
- Trust account holds $275,000,000 invested in short-term U.S. government treasuries or eligible money market funds.
- Transaction costs totaled $18,388,139, including $11,500,000 deferred underwriting fees recorded on balance sheet.
- Audited balance sheet as of June 26, 2026 shows $275,523,433 total assets and Class A shares subject to redemption of $275,000,000.
Original SEC Filing: Cartesian Growth Corp IV [ CGCFU ] - 8-K - Jul. 07, 2026
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