Mergers & Acquisitions ·
Cartesian Growth Corporation II entered into a Business Combination Agreement with InoBat AS to value the company at…
RENEFCartesian Growth Corp II
Cartesian Growth Corporation II entered into a Business Combination Agreement with InoBat AS to value the company at $1.265 billion, comprising $575 million in upfront consideration and $690 million in potential earn-out consideration. The transaction includes $77.5 million in committed PIPE financing and is expected to close in the fourth quarter of 2026. Cartesian Growth Corporation II is a special purpose acquisition company focused on business combinations. InoBat AS is a battery energy storage systems and battery technology manufacturer.