MergerJun 5, 2026, 04:13 PM
Cartesian Growth Corp III Completes Merger with Factorial Inc.; New Ticker FAC
AI Summary
Cartesian Growth Corporation III (CGC) announced the consummation of its previously announced business combination with Factorial Inc. on June 5, 2026. As part of the transaction, CGC completed its domestication as a Delaware corporation and subsequently changed its corporate name to Factorial Energy Inc. (PubCo). The PubCo Series A Common Stock and PubCo Public Warrants have been approved for listing on the Nasdaq Capital Market and will begin trading under the new symbols "FAC" and "FACWW" respectively, starting June 8, 2026. Prior to the domestication, 23,051,313 Class A ordinary shares were redeemed.
Key Highlights
- Cartesian Growth Corporation III (CGC) completed its business combination with Factorial Inc. on June 5, 2026.
- CGC domesticated as a Delaware corporation and changed its name to Factorial Energy Inc. (PubCo).
- PubCo Series A Common Stock will trade on Nasdaq Capital Market under the symbol "FAC".
- PubCo Public Warrants will trade on Nasdaq Capital Market under the symbol "FACWW".
- Trading under the new symbols will commence on Monday, June 8, 2026.
- 23,051,313 Class A ordinary shares of CGC were redeemed prior to the domestication.
Price Impact
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