Cartesian Growth Corporation II announced it has issued an unsecured promissory note in the principal amount of $250,000 for a gross proceeds $250,000 on July 12, 2024. The transaction includes participation from returning investor, CGC II Sponsor LLC. The Note does not bear interest and the principal balance will be payable on the earlier to occur of the date on which the Company consummates its initial business combination and the date that the winding up of the Company is effective.

The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933.