[8-K] CHEGG, INC. Reports Material Event
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) filed an 8-K disclosing its ninth one-month extension to complete a business combination. The Board moved the deadline, known as the 鈥淏usiness Combination Period,鈥� from 5 Aug 2025 to 5 Sep 2025.
To effect the extension, sponsor CGC II Sponsor LLC will advance $250,000 under an unsecured promissory note that permits borrowings up to $2.4 million. The funds will be deposited into the IPO trust account as required by the company鈥檚 amended memorandum and articles.
This is the 9th of 12 permissible monthly extensions; no additional financial results, target identification, or other material transactions were reported.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) ha presentato un modulo 8-K comunicando la sua nona estensione di un mese per completare una combinazione aziendale. Il Consiglio ha spostato la scadenza, nota come 鈥淧eriodo di Combinazione Aziendale,鈥� dal 5 agosto 2025 al 5 settembre 2025.
Per effettuare l鈥檈stensione, lo sponsor CGC II Sponsor LLC anticiper脿 250.000 $ tramite una nota di debito non garantita che consente prestiti fino a 2,4 milioni di $. I fondi saranno depositati nel conto fiduciario IPO come richiesto dal memorandum e dallo statuto modificati della societ脿.
Questa 猫 la 9陋 delle 12 estensioni mensili consentite; non sono stati riportati ulteriori risultati finanziari, identificazione di obiettivi o altre transazioni rilevanti.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) present贸 un formulario 8-K revelando su novena pr贸rroga de un mes para completar una combinaci贸n de negocios. La Junta movi贸 la fecha l铆mite, conocida como el 鈥淧er铆odo de Combinaci贸n de Negocios,鈥� del 5 de agosto de 2025 al 5 de septiembre de 2025.
Para efectuar la pr贸rroga, el patrocinador CGC II Sponsor LLC adelantar谩 250,000 $ mediante un pagar茅 no garantizado que permite pr茅stamos hasta 2.4 millones de $. Los fondos ser谩n depositados en la cuenta fiduciaria de la OPI seg煤n lo requerido por el memorando y los estatutos enmendados de la compa帽铆a.
Esta es la novena de doce pr贸rrogas mensuales permitidas; no se reportaron resultados financieros adicionales, identificaci贸n de objetivos u otras transacciones materiales.
Cartesian Growth Corporation II (雮橃姢雼�: RENE/RENEU/RENEW)鞚� 靷梾 瓴绊暕 鞕勲毳� 鞙勴暅 鞎勴檳 氩堨Ц 頃� 雼� 鞐办灔 靷嫟鞚� 8-K 氤搓碃靹滌棎 瓿奠嫓頄堨姷雼堧嫟. 鞚挫偓須岆姅 "靷梾 瓴绊暕 旮瓣皠"鞙茧 鞎岆牑歆� 毵堦皭鞚检潉 2025雲� 8鞗� 5鞚检棎靹� 2025雲� 9鞗� 5鞚茧 鞐瓣赴頄堨姷雼堧嫟.
鞐办灔鞚� 鞁ろ枆頃橁赴 鞙勴暣 鞀ろ彴靹� CGC II Sponsor LLC電� 250,000雼煬毳� 氍措嫶氤� 鞎届啀鞏挫潓鞙茧 靹犾旮夗晿氅�, 鞚� 鞎届啀鞏挫潓鞚� 斓滊寑 240毵� 雼煬旯岇 彀瀰鞚� 項堨毄頃╇媹雼�. 鞛愱笀鞚� 須岇偓鞚� 靾橃爼霅� 鞝曣磤 氚� 臧侅劀鞐� 霐半澕 IPO 鞁犿儊 瓿勳鞐� 鞛呹笀霅� 鞓堨爼鞛呺媹雼�.
鞚措矆鞚� 項堨毄霅� 12須� 欷� 9氩堨Ц 鞗旊硠 鞐办灔鞛呺媹雼�; 於旉皜 鞛 瓴瓣臣, 氇╉憸 鞁濍硠 霕愲姅 旮绊儉 欤检殧 瓯半灅電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Cartesian Growth Corporation II (Nasdaq : RENE/RENEU/RENEW) a d茅pos茅 un formulaire 8-K r茅v茅lant sa neuvi猫me prolongation d'un mois pour finaliser une combinaison d'affaires. Le conseil d'administration a repouss茅 la date limite, appel茅e 芦 P茅riode de Combinaison d鈥橝ffaires 禄, du 5 ao没t 2025 au 5 septembre 2025.
Pour effectuer cette prolongation, le sponsor CGC II Sponsor LLC avancera 250 000 $ via un billet 脿 ordre non garanti permettant des emprunts jusqu鈥櫭� 2,4 millions de $. Les fonds seront d茅pos茅s sur le compte de fiducie IPO conform茅ment au m茅morandum et aux statuts modifi茅s de la soci茅t茅.
Il s'agit de la 9e des 12 prolongations mensuelles autoris茅es ; aucun r茅sultat financier suppl茅mentaire, identification de cible ou autre transaction importante n鈥檃 茅t茅 rapport茅.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) hat in einer 8-K Meldung seine neunte einmonatige Verl盲ngerung zur Durchf眉hrung einer Unternehmenszusammenf眉hrung bekanntgegeben. Der Vorstand verschob die Frist, bekannt als 鈥濨usiness Combination Period鈥�, vom 5. August 2025 auf den 5. September 2025.
Zur Durchf眉hrung der Verl盲ngerung wird der Sponsor CGC II Sponsor LLC 250.000 $ 眉ber einen ungesicherten Schuldschein vorschie脽en, der Darlehen bis zu 2,4 Millionen $ erlaubt. Die Mittel werden auf das IPO-Treuhandkonto eingezahlt, wie es die ge盲nderte Satzung des Unternehmens vorschreibt.
Dies ist die 9. von 12 zul盲ssigen monatlichen Verl盲ngerungen; es wurden keine weiteren Finanzergebnisse, Zielidentifikationen oder sonstigen wesentlichen Transaktionen gemeldet.
- Sponsor advances $250,000 to fund the trust, signaling ongoing financial support.
- Trust account remains intact, preserving redemption value for public shareholders.
- Ninth extension highlights continued inability to secure a merger target, increasing deal uncertainty.
- Additional borrowing under the $2.4 million note raises leverage ahead of any future transaction.
Insights
TL;DR 鈥� Ninth extension keeps SPAC alive but signals difficulty closing a deal; sponsor support limits immediate redemption risk.
Another one-month extension to 5 Sep 2025 indicates CGC II has yet to secure a definitive merger agreement. The sponsor鈥檚 $250k deposit demonstrates continued financial backing, protecting the trust value and meeting charter requirements. However, with only three monthly extensions left, time pressure rises and potential targets gain negotiating leverage. Overall impact is neutral: cash safety maintained, but strategic uncertainty persists.
TL;DR 鈥� Repeated deadline pushes heighten execution risk; growing sponsor loan increases leverage against future proceeds.
The ninth consecutive extension underscores prolonged deal sourcing challenges, raising the probability of liquidation or shareholder fatigue. Each draw on the unsecured note鈥攏ow at least $250k鈥攁dds liabilities senior to ordinary shareholders upon closing. With only three extensions remaining, investors should monitor note balance growth and any shift in sponsor commitment. From a risk viewpoint, the filing leans negative because timeline slippage and incremental debt can erode eventual transaction economics.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) ha presentato un modulo 8-K comunicando la sua nona estensione di un mese per completare una combinazione aziendale. Il Consiglio ha spostato la scadenza, nota come 鈥淧eriodo di Combinazione Aziendale,鈥� dal 5 agosto 2025 al 5 settembre 2025.
Per effettuare l鈥檈stensione, lo sponsor CGC II Sponsor LLC anticiper脿 250.000 $ tramite una nota di debito non garantita che consente prestiti fino a 2,4 milioni di $. I fondi saranno depositati nel conto fiduciario IPO come richiesto dal memorandum e dallo statuto modificati della societ脿.
Questa 猫 la 9陋 delle 12 estensioni mensili consentite; non sono stati riportati ulteriori risultati finanziari, identificazione di obiettivi o altre transazioni rilevanti.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) present贸 un formulario 8-K revelando su novena pr贸rroga de un mes para completar una combinaci贸n de negocios. La Junta movi贸 la fecha l铆mite, conocida como el 鈥淧er铆odo de Combinaci贸n de Negocios,鈥� del 5 de agosto de 2025 al 5 de septiembre de 2025.
Para efectuar la pr贸rroga, el patrocinador CGC II Sponsor LLC adelantar谩 250,000 $ mediante un pagar茅 no garantizado que permite pr茅stamos hasta 2.4 millones de $. Los fondos ser谩n depositados en la cuenta fiduciaria de la OPI seg煤n lo requerido por el memorando y los estatutos enmendados de la compa帽铆a.
Esta es la novena de doce pr贸rrogas mensuales permitidas; no se reportaron resultados financieros adicionales, identificaci贸n de objetivos u otras transacciones materiales.
Cartesian Growth Corporation II (雮橃姢雼�: RENE/RENEU/RENEW)鞚� 靷梾 瓴绊暕 鞕勲毳� 鞙勴暅 鞎勴檳 氩堨Ц 頃� 雼� 鞐办灔 靷嫟鞚� 8-K 氤搓碃靹滌棎 瓿奠嫓頄堨姷雼堧嫟. 鞚挫偓須岆姅 "靷梾 瓴绊暕 旮瓣皠"鞙茧 鞎岆牑歆� 毵堦皭鞚检潉 2025雲� 8鞗� 5鞚检棎靹� 2025雲� 9鞗� 5鞚茧 鞐瓣赴頄堨姷雼堧嫟.
鞐办灔鞚� 鞁ろ枆頃橁赴 鞙勴暣 鞀ろ彴靹� CGC II Sponsor LLC電� 250,000雼煬毳� 氍措嫶氤� 鞎届啀鞏挫潓鞙茧 靹犾旮夗晿氅�, 鞚� 鞎届啀鞏挫潓鞚� 斓滊寑 240毵� 雼煬旯岇 彀瀰鞚� 項堨毄頃╇媹雼�. 鞛愱笀鞚� 須岇偓鞚� 靾橃爼霅� 鞝曣磤 氚� 臧侅劀鞐� 霐半澕 IPO 鞁犿儊 瓿勳鞐� 鞛呹笀霅� 鞓堨爼鞛呺媹雼�.
鞚措矆鞚� 項堨毄霅� 12須� 欷� 9氩堨Ц 鞗旊硠 鞐办灔鞛呺媹雼�; 於旉皜 鞛 瓴瓣臣, 氇╉憸 鞁濍硠 霕愲姅 旮绊儉 欤检殧 瓯半灅電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Cartesian Growth Corporation II (Nasdaq : RENE/RENEU/RENEW) a d茅pos茅 un formulaire 8-K r茅v茅lant sa neuvi猫me prolongation d'un mois pour finaliser une combinaison d'affaires. Le conseil d'administration a repouss茅 la date limite, appel茅e 芦 P茅riode de Combinaison d鈥橝ffaires 禄, du 5 ao没t 2025 au 5 septembre 2025.
Pour effectuer cette prolongation, le sponsor CGC II Sponsor LLC avancera 250 000 $ via un billet 脿 ordre non garanti permettant des emprunts jusqu鈥櫭� 2,4 millions de $. Les fonds seront d茅pos茅s sur le compte de fiducie IPO conform茅ment au m茅morandum et aux statuts modifi茅s de la soci茅t茅.
Il s'agit de la 9e des 12 prolongations mensuelles autoris茅es ; aucun r茅sultat financier suppl茅mentaire, identification de cible ou autre transaction importante n鈥檃 茅t茅 rapport茅.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) hat in einer 8-K Meldung seine neunte einmonatige Verl盲ngerung zur Durchf眉hrung einer Unternehmenszusammenf眉hrung bekanntgegeben. Der Vorstand verschob die Frist, bekannt als 鈥濨usiness Combination Period鈥�, vom 5. August 2025 auf den 5. September 2025.
Zur Durchf眉hrung der Verl盲ngerung wird der Sponsor CGC II Sponsor LLC 250.000 $ 眉ber einen ungesicherten Schuldschein vorschie脽en, der Darlehen bis zu 2,4 Millionen $ erlaubt. Die Mittel werden auf das IPO-Treuhandkonto eingezahlt, wie es die ge盲nderte Satzung des Unternehmens vorschreibt.
Dies ist die 9. von 12 zul盲ssigen monatlichen Verl盲ngerungen; es wurden keine weiteren Finanzergebnisse, Zielidentifikationen oder sonstigen wesentlichen Transaktionen gemeldet.
FAQ
Why did RENE/RENEW file this Form 8-K?
What is the new business-combination deadline for Cartesian Growth Corporation II?
How much money is being added to the trust account?
How many extensions remain under the Articles?
Does the filing mention any merger target or financial results?
