Cartesian Growth Corporation III Announces Pricing of Upsized $240 Million Initial Public Offering
Cartesian Growth Corporation III has announced the pricing of its upsized initial public offering (IPO) of 24 million units at $10.00 each, raising $240 million. The units will trade on Nasdaq under the symbol "CGCTU" starting May 2, 2025. Each unit includes one Class A ordinary share and half a redeemable warrant. The offering is expected to close around May 5, 2025, with Cantor Fitzgerald & Co. as the sole book-running manager. The company aims to merge with a high-growth business as part of its acquisition strategy.
MorningStar·