SCHEDULE: MMCAP & MM Asset Disclose 9.1% Stake in Cartesian Growth II
Beneficial Ownership Report
MMCAP International Inc. SPC and MM Asset Management Inc. jointly reported a 9.1% beneficial ownership stake in Cartesian Growth Corporation II's Class A Ordinary Shares.
Summary
- MMCAP International Inc. SPC and MM Asset Management Inc. jointly filed an Amendment No. 1 to Schedule 13G.
- The reporting persons beneficially own 800,000 Class A Ordinary Shares of Cartesian Growth Corporation II.
- This represents 9.1% of the Class A Ordinary Shares outstanding.
- Both reporting persons share voting and dispositive power over all 800,000 shares.
- The securities were not acquired for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. A Schedule 13G is a routine disclosure of a passive ownership stake and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.
Future Outlook
Not applicable as this filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from the issuer or the reporting persons regarding the issuer's operations.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are typically made by passive investors who own more than 5% of a company's stock, indicating a significant but non-controlling stake. This amendment signals a change in the reported ownership position of MMCAP International Inc. SPC and MM Asset Management Inc. in Cartesian Growth Corporation II, a Special Purpose Acquisition Company (SPAC).
Stakeholder Impact
- Shareholders of Cartesian Growth Corporation II are informed of a significant passive ownership stake held by MMCAP International Inc. SPC and MM Asset Management Inc., which could influence trading dynamics or future corporate actions if the stake were to become active.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of event requiring the filing of this statement, indicating the beneficial ownership threshold was met or changed. |
| 02/12/2026 | Date the Schedule 13G Amendment No. 1 was signed and filed. |
Keywords
Cartesian Growth Corporation II, MMCAP International Inc. SPC, MM Asset Management Inc., Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, SPAC, Investment Management
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