Cartesian Growth Corporation III (CGCT) Prices Upsized $240M IPO

Cartesian Growth Corporation III (NASDAQ:CGCT) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CGCT”, Friday, May 2, 2025.

The new SPAC intends to combine with a closely held private company ready to make the jump to being a market-leading transnational entity.

Cartesian Growth III’s sponsor team is led by Chairman and Chief Executive Officer Peter Yu and Chief Financial Officer Rafael de Luque. Ali Bouzarif, Kevin Gold and Sanford Litvack will serve on its Board of Directors.

Total SPAC deal count for 2025 year-to-date is now 35. This offering is expected to close on Monday, May 5, 2025.

Cantor Fitzgerald & Co. is serving as the sole book-running manager for the offering. Greenberg Traurig LLP is serving as Issuer’s Counsel with Ellenoff, Grossman & Schole LLP serving as Underwriter’s Counsel. CBIZ CPAs, PC serves as auditor. Continental Transfer & Trust Company is acting as trustee.