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Cartesian Growth Corporation announced the closing of its initial public offering of 34,500,000 units, raising $345 million at a price of $10.00 per unit. The offering included 4,500,000 units from the underwriters' over-allotment option. The units are listed on the Nasdaq under the ticker symbol GLBLU. Each unit consists of one Class A ordinary share and one-third of a warrant, exercisable at $11.50 per share. This capital aims to support the Company’s strategy to engage in business combinations with high-growth companies.
Cartesian Growth Corporation announced the pricing of its initial public offering (IPO) of 30,000,000 units at $10.00 each, increased from 25,000,000 units. Trading is set to begin on February 24, 2021, on Nasdaq under symbol GLBLU. Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with whole warrants convertible at $11.50. The offering is expected to close around February 26, 2021. Cantor Fitzgerald & Co. serves as the sole book-running manager, with a 45-day option for underwriters to purchase an additional 4,500,000 units.