Cartesian Growth Corporation IV, a Cayman Islands blank-check company listed on NASDAQ:CGCF, filed its Form 10-Q for the quarter ended September 30, 2026 on November 13, 2026, covering the period from inception on February 20, 2026 through that date.

Key Highlights

  • Trust Account: Investments held in the Trust Account totaled $277,342,988 as of September 30, 2026, according to the filing.
  • Shares Outstanding: As of November 12, 2026, there were 27,500,000 Class A ordinary shares and 6,875,000 Class B ordinary shares issued and outstanding.
  • Net Income: The company reported net income of $2,340,245 for the three months ended September 30, 2026, driven primarily by $2,538,861 in interest earned on Trust Account investments.
  • Redemption Value: Class A ordinary shares subject to possible redemption were carried at approximately $10.09 per share as of September 30, 2026.
  • Shareholders' Deficit: Total shareholders' deficit was $(12,039,567) as of September 30, 2026, with an accumulated deficit of $(12,040,255).
  • Founder Share Adjustment: On August 8, 2026, the remaining 1,250,000-unit over-allotment option expired unexercised, and the Sponsor surrendered 312,500 founder shares.
  • Sponsor Loan and Deferred Fee: The balance sheet reflects a $500,000 sponsor loan and a $11,500,000 deferred underwriting fee as liabilities.

Cartesian Growth Corporation IV: Financial Position and Activity Since February 2026 Inception

Cartesian Growth Corporation IV (NASDAQ:CGCF), a special purpose acquisition company incorporated in the Cayman Islands, reported its financial results for the quarter ended September 30, 2026, its first quarterly filing since inception on February 20, 2026. According to the filing, the company's total assets were $277,569,577 as of September 30, 2026, with the vast majority consisting of investments held in the Trust Account valued at $277,342,988. Cash on hand stood at $56,598, and prepaid expenses totaled $113,577.

The company disclosed net income of $2,340,245 for the three months ended September 30, 2026, compared to net income of $2,299,493 for the period from inception through the same date. Formation, general and administrative costs were $264,216 for the quarter and $359,095 since inception. Other income included $2,538,861 in interest earned on Trust Account investments for the quarter, and a $65,600 change in fair value of the over-allotment option liability, the filing stated. Basic and diluted net income per share was $0.07 for both Class A redeemable and Class B ordinary shares for the three-month period.

The filing also disclosed that on June 26, 2026, the underwriters partially exercised their over-allotment option for 2,500,000 Units, resulting in 625,000 founder shares no longer being subject to surrender. The remaining 1,250,000-unit over-allotment option expired unexercised on August 8, 2026, and the Sponsor surrendered the remaining 312,500 founder shares. Net cash used in operating activities for the period from inception through September 30, 2026 was $(337,930), and $275,000,000 was invested into the Trust Account during the same period, according to the cash flow statement. The company identified itself as a shell company in its filing.

What Was Disclosed

Cartesian Growth Corporation IV filed its first 10-Q covering Q3 2026 and the period since its February 20, 2026 inception, disclosing a $277,342,988 Trust Account balance, a shareholders' deficit of $(12,039,567), and net income of $2,340,245 for the quarter ended September 30, 2026.