Research analysts covering Cartesian Growth Corp III.
Recent press releases and 8-K filings for CGCT.
Cartesian Growth Corporation III announces Factorial's strategic manufacturing MOU with Philenergy
CGCT
New Projects/Investments
- On February 26, 2026, Cartesian Growth Corporation III announced that Factorial Inc., a U.S.-based solid-state battery technology leader, signed a non-binding Memorandum of Understanding (MOU) with Philenergy Co., Ltd., a South Korean battery equipment and infrastructure provider.
- The MOU establishes a strategic manufacturing collaboration to accelerate the scale-up of Factorial's Solstice™ all-solid-state battery platform.
- This partnership aims to integrate Philenergy's advanced manufacturing capabilities and supply chain with Factorial's proprietary battery architecture to facilitate faster volume manufacturing.
- Factorial's Solstice™ platform is characterized by up to 80% higher energy density and stable operation at temperatures up to 90°C, alongside a faster formation process and the elimination of hazardous solvents in its manufacturing.
2 days ago
Factorial Holdings (formerly Cartesian Growth Corp III) Announces Business Combination with Factorial Inc.
CGCT
M&A
- Factorial Holdings, Inc. (formerly Cartesian Growth Corporation III) entered into a Business Combination Agreement with Factorial Inc. on December 17, 2025, with a press release announcing the combination issued on December 18, 2025.
- The merger values Factorial at $1.1 billion and involves Factorial combining with Cartesian Growth Corporation III (CGCIII), a Nasdaq-listed SPAC with $276 million in trust.
- Existing Factorial shareholders are rolling 100% of their equity, and the combination is anchored by a significant investment commitment from Cartesian.
- An Amended and Restated Registration Rights Agreement was also executed, granting certain registration rights to various holders of the Company's securities, including those from the PIPE Investment and Non-Redemption Investment.
Dec 18, 2025, 1:17 PM
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