Cartesian Growth Corporation IV closes $275 million IPO

1 min read     Updated on 27 Jun 2026, 04:10 AM
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Cartesian Growth Corporation IV has successfully closed its initial public offering, raising $275 million through the sale of 27.5 million units priced at $10.00 each. The offering included the partial exercise of the underwriters' over-allotment option. The units are trading on Nasdaq under the symbol CGCFU.

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Cartesian Growth Corporation IV closed its initial public offering of 27,500,000 units at a price of $10.00 per unit, generating total gross proceeds of $275,000,000. The offering included the partial exercise of the underwriters’ over-allotment option for an additional 2,500,000 units. The units are listed on The Nasdaq Stock Market LLC under the symbol "CGCFU."

Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "CGCF" and "CGCFW," respectively. No fractional warrants will be issued upon separation of the units, and only whole warrants will trade.

Cantor Fitzgerald & Co. served as the sole book-running manager for the offering. A registration statement relating to these securities was filed with the Securities and Exchange Commission and became effective on June 24, 2026.

Offering Details

Component Details
Units Sold 27,500,000
Price per Unit $10.00
Total Gross Proceeds $275,000,000
Warrant Exercise Price $11.50 per share
Trading Symbol (Units) CGCFU
Trading Symbol (Shares) CGCF
Trading Symbol (Warrants) CGCFW

Cartesian Growth Corporation IV is a blank check company organized for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The Company is led by Chairman and Chief Executive Officer Peter Yu, who is also the Managing Partner of Cartesian Capital Group, LLC, a global private equity firm and registered investment adviser headquartered in New York City, New York.

What sectors or industries is Cartesian Growth Corporation IV targeting for its potential business combination?

How will the leadership of Peter Yu and Cartesian Capital Group influence the company's acquisition strategy?

What is the expected timeline for identifying and completing a merger or acquisition?

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