Cartesian Growth Corp IV 8-K

What Happened

• Cartesian Growth Corp IV announced it consummated its initial public offering on June 26, 2026, selling 27,500,000 units at $10.00 per unit (including 2,500,000 units from the underwriters’ partial over-allotment), generating gross proceeds of $275,000,000.
• Each Unit consists of one Class A ordinary share and one‑third of a warrant; each whole warrant entitles the holder to purchase one Class A ordinary share at an $11.50 exercise price (subject to adjustment).
• Simultaneously, the company completed a private placement of 937,500 warrants to CGC IV Sponsor LLC and 1,562,500 warrants to Cantor Fitzgerald & Co. at $2.00 per warrant, raising $5,000,000.
• A total of $275,000,000 of the proceeds (which includes $11,500,000 in deferred underwriting commissions) was placed in a trust account for the benefit of public shareholders; Continental Stock Transfer & Trust Company is the trustee. The company filed an audited balance sheet as of June 26, 2026 (Exhibit 99.1) reflecting receipt of these proceeds.

Key Details

• Offering: 27,500,000 units at $10.00 per unit; $275,000,000 gross proceeds.
• Over-allotment: 2,500,000 units issued from partial exercise.
• Warrants: Public warrants exercisable at $11.50; Private Placement Warrants — 937,500 to sponsor, 1,562,500 to Cantor Fitzgerald at $2.00 each.
• Trust: $275,000,000 placed in trustee account; $11,500,000 of that amount represents deferred underwriting commissions; audited balance sheet filed (Exhibit 99.1).

Why It Matters

• For investors, the filing confirms the IPO closed and that the full offering proceeds are secured in a trust account for public shareholders, a key protection in SPAC structures ahead of any business combination.
• The number and terms of public and private warrants affect potential dilution and future economics for shareholders and warrant holders.
• The audited balance sheet provides formal confirmation that the proceeds were received and segregated, which is a material operational milestone for the company’s next steps.