CARTESIAN GROWTH CORPORATION II (OQ:RENE)
Business Focus: Shell Companies
| Sector: Financials | Industry: Holding Companies |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 505 Fifth Avenue, 15Th Floor NEW YORK NY 10017 |
| Tel: | N/A |
| Website: | https://www.cartesiangrowth.com/cgc2 |
| IR: | See website |
| Key People | ||
| Peter Yu Chairman of the Board, Chief Executive Officer | Beth Michelson Chief Financial Officer and Director | |
| Business Overview |
| Cartesian Growth Corporation II is a blank check company. The Company is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to seek target business where it believes it will have an opportunity to drive ongoing value creation after its initial business combination is completed, as its management team has done with multiple investments over a range of sectors, industries and geographical locations. The Company has not commenced any operations nor generated any revenues. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, CARTESIAN GROWTH CORPORATION II revenues was not reported. Net income increased from $4.9M to $11.4M. Net income benefited from Interest Income - Non Bank increase from $2.8M to $11.6M (income), Costs associated with IPO and Mergers decrease from $196K (expense) to $0K. Basic Earnings per Share excluding Extraordinary Items increased from $0.17 to $0.41. |
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