SCHEDULE: Picton Mahoney Reports 0% Stake in Cartesian Growth III
Schedule 13G Amendment
Picton Mahoney Asset Management has filed an amended Schedule 13G, disclosing a 0% beneficial ownership in Cartesian Growth Corporation III.
Summary
- Picton Mahoney Asset Management filed an Amendment No. 1 to Schedule 13G regarding its holdings in Cartesian Growth Corporation III.
- The filing indicates that Picton Mahoney Asset Management beneficially owns 0.00 shares, representing 0% of the Class A Ordinary Shares.
- The Class A Ordinary Shares are held in the form of units, each consisting of one Class A ordinary share and one-half of one redeemable warrant.
- The percentage of class is calculated based on 27,600,000 Class A ordinary shares outstanding as of June 16, 2025, as reported in the Issuer's 10-Q filed on June 17, 2025.
- Picton Mahoney Asset Management is a Canadian Investment Fund Manager and certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a neutral, factual disclosure of beneficial ownership, indicating a 0% stake. It does not contain information that would inherently suggest positive or negative sentiment regarding the issuer's performance or prospects.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the issuer's future outlook or financial performance.
Industry Context
This filing is a routine disclosure by an institutional investor, Picton Mahoney Asset Management, indicating its current beneficial ownership in a Special Purpose Acquisition Company (SPAC), Cartesian Growth Corporation III. The 0% ownership suggests that Picton Mahoney Asset Management no longer holds a reportable stake, which is a common occurrence as institutional investors adjust their portfolios.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders: This filing indicates that Picton Mahoney Asset Management no longer holds a reportable stake in Cartesian Growth Corporation III, which may be noted by other institutional investors or market participants tracking ownership changes.
Key Dates
| Date | Description |
|---|---|
| 2025-05-12 | Issuer's 8K filed with the SEC describing the units (Class A ordinary share and one-half of one redeemable warrant). |
| 2025-06-16 | Date as of which 27,600,000 Class A ordinary shares were outstanding, used for percentage calculation. |
| 2025-06-17 | Issuer's 10-Q filed, indicating the number of Class A ordinary shares outstanding. |
| 2025-11-30 | Date of event which required the filing of this statement. |
| 2025-12-09 | Date the Schedule 13G Amendment No. 1 was signed and filed. |
Keywords
Schedule 13G, Beneficial Ownership, Picton Mahoney Asset Management, Cartesian Growth Corporation III, Units, Class A Ordinary Shares, Investment Fund Manager, SEC Filing
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