Cartesian Growth IV, the fourth blank check company formed by Cartesian Capital Group targeting high-growth businesses, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
The company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock, and one-third warrants to purchase a share, exercisable at $11.50.
Cartesian Growth III is led be CEO and Chairman Peter Yu, founder and Managing Partner of global private equity firm Cartesian Capital Group, as well as CFO and Director Nam Trinh, a Managing Director at Cartesian. The SPAC plans to target high-growth businesses with proven or potential transnational operations or outlooks.
Management's previous SPACs include Cartesian Growth III (CGCT; +19% from $10 offer price), Cartesian Growth II (RENEU; +17%); and Cartesian Growth, which merged with wealth manager AlTi Global (ALTI; -71%) in 2023.
The New York, NY-based company was founded in 2026. It plans to list on the Nasdaq under the symbol CGCFU. Cartesian Growth IV filed confidentially on April 10, 2026. Cantor Fitzgerald is the sole bookrunner on the deal.
