Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
RENE

RENE - Cartesian Growth Corporation II Stock Price, Fair Value and News

11.28USD0.00 (0.00%)Market Closed

Market Summary

RENE
USD11.280.00
Market Closed
0.00%

RENE Stock Price

View Fullscreen

RENE RSI Chart

RENE Valuation

Market Cap

64.5M

Price/Earnings (Trailing)

6.28

Price/Free Cashflow

-65.76

RENE Price/Earnings (Trailing)

RENE Profitability

Return on Equity

-54.8%

Return on Assets

5.79%

Free Cashflow Yield

-1.52%

RENE Fundamentals

RENE Earnings

Earnings (TTM)

10.3M

Earnings Growth (Yr)

-31.69%

Earnings Growth (Qtr)

18.21%

Breaking Down RENE Revenue

Last 30 days

0.5%

Last 90 days

1.6%

How does RENE drawdown profile look like?

RENE Financial Health

Current Ratio

0.18

RENE Investor Care

Diluted EPS (TTM)

0.4

Which funds bought or sold RENE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 17, 2024
Shaolin Capital Management LLC
reduced
-10.03
-27,634
69,549
-%
May 17, 2024
Shaolin Capital Management LLC
new
-
5,378,010
5,378,010
0.06%
May 15, 2024
Polar Asset Management Partners Inc.
unchanged
-
40,300
2,888,600
0.05%
May 15, 2024
Radcliffe Capital Management, L.P.
reduced
-11.41
-720,291
6,373,680
1.21%
May 15, 2024
WHITEBOX ADVISORS LLC
unchanged
-
-886
3,447
-%
May 15, 2024
Westchester Capital Management, LLC
unchanged
-
-1,668
9,166
-%
May 15, 2024
Westchester Capital Management, LLC
added
16.24
2,103,640
13,902,700
0.51%
May 15, 2024
Walleye Capital LLC
added
3.25
-3,208
14,731
-%
May 15, 2024
AQR Arbitrage LLC
unchanged
-
-5,123
28,179
-%
May 15, 2024
Polar Asset Management Partners Inc.
unchanged
-
-7,094
27,573
-%

1–10 of 48

Are Funds Buying or Selling RENE?

Are funds buying RENE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RENE
No. of Funds

Unveiling Cartesian Growth Corporation II's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 22, 2024
shaolin capital management llc
0.0%
0
SC 13G/A
Feb 14, 2024
balyasny asset management l.p.
0.00%
0
SC 13G/A
Feb 14, 2024
first trust capital management l.p.
5.22%
1,501,481
SC 13G
Feb 14, 2024
calamos investment trust/il
5.2%
5
SC 13G
Feb 12, 2024
cantor fitzgerald securities
0.0%
0
SC 13G/A
Feb 08, 2024
wealthspring capital llc
6.1%
1,766,630
SC 13G
Jan 19, 2024
highbridge capital management llc
0%
0
SC 13G/A

Recent SEC filings of Cartesian Growth Corporation II

View All Filings
Date Filed Form Type Document
Jun 07, 2024
8-K
Current Report
May 15, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
Apr 10, 2024
8-K
Current Report
Mar 20, 2024
10-K
Annual Report
Mar 07, 2024
8-K
Current Report

Peers (Alternatives to Cartesian Growth Corporation II)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
SMALL-CAP
66.9M
-
-0.45% -
255.13
-
- -75.32%
65.1M
-
-8.67% 8.09%
-1.3K
-
- -180.97%
62.1M
2.6M
78.91% 112.72%
-2.0K
23.97
53.92% -104.33%
46.7M
1.5M
0.09% 169.15%
-28.29
31.99
-42.22% 44.16%
33.8M
378.0K
- 4.73%
-15.65
89.35
-74.04% -1883.32%

Cartesian Growth Corporation II News

Latest updates
MarketBeat16 hours ago

Cartesian Growth Corporation II Earnings Report: Key Takeaways & Analysis

Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Assets1.6%177,336174,582248,752245,856243,335240,596239,025238,234--
  Current Assets8.3%35733081.003826878501,0421,199--
    Cash Equivalents137.0%12151.0027.00218422544661814--
Liabilities1.2%19,08918,87017,74816,71817,91618,88916,74821,841--
  Current Liabilities29.4%1,9821,531218301295219237229546442
Shareholder's Equity-1.0%-18,731-18,539---17,229-18,038--21.0021.00
  Retained Earnings-1.0%-18,732-18,540-17,667-16,336-17,230-18,038-15,675-20,521-3.73-3.73
  Additional Paid-In Capital---------24.0024.00
Shares Outstanding----5,7505,7505,4845,7505,4205,0005,750
Float----245,400---230,500--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22021Q4
Cashflow From Operations62.1%-180-476-190-134-121-111-153-577-
Cashflow From Investing-Infinity%-450-------236,900-
Cashflow From Financing100.9%700-76,636--70.00--5.00-320*238,292-
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

RENE Income Statement

2024-03-31
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating and formation costs$ 223,183$ 239,315
Loss from operations(223,183)(239,315)
Other income:  
Change in fair value of warrant liabilities449,3301,063,916
Change in fair value of convertible promissory note - related party32,239(15,962)
Interest earned on cash and marketable securities held in Trust Account2,276,4862,902,118
Other income, net2,758,0553,950,072
Net income$ 2,534,872$ 3,710,757
Class A ordinary shares subject to possible redemption  
Other income:  
Basic weighted average shares outstanding (in shares)15,870,56123,000,000
Diluted weighted average shares outstanding (in shares)15,870,56123,000,000
Basic net income per ordinary share (in dollars per share)$ 0.12$ 0.13
Diluted net income per ordinary share (in dollars per share)$ 0.12$ 0.13
non-redeemable Class A and Class B ordinary shares  
Other income:  
Basic weighted average shares outstanding (in shares)5,750,0005,750,000
Diluted weighted average shares outstanding (in shares)5,750,0005,750,000
Basic net income per ordinary share (in dollars per share)$ 0.12$ 0.13
Diluted net income per ordinary share (in dollars per share)$ 0.12$ 0.13

RENE Balance Sheet

2024-03-31
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash$ 120,718$ 50,932
Prepaid expenses236,755279,102
Total Current assets357,473330,034
Cash and marketable securities held in Trust Account176,978,684174,252,198
TOTAL ASSETS177,336,157174,582,232
Current liabilities  
Accrued expenses1,231,6001,230,978
Promissory note750,000300,000
Total Current liabilities1,981,6001,530,978
Warrant liabilities1,712,9932,162,323
Convertible promissory note - related party, at fair value$ 3,894,446$ 3,676,685
Notes Payable, Noncurrent, Related Party, Type [Extensible Enumeration]us-gaap:RelatedPartyMemberus-gaap:RelatedPartyMember
Deferred underwriting fee$ 11,500,000$ 11,500,000
TOTAL LIABILITIES19,089,03918,869,986
COMMITMENTS AND CONTINGENCIES (Note 6)
SHAREHOLDERS' DEFICIT  
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Accumulated deficit(18,732,141)(18,540,527)
TOTAL SHAREHOLDERS' DEFICIT(18,731,566)(18,539,952)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT177,336,157174,582,232
Class A ordinary shares subject to possible redemption  
Current liabilities  
Class A ordinary shares subject to possible redemption; 15,870,561 shares at redemption value of $11.15 and $10.98 per share as of March 31, 2024 and December 31, 2023, respectively176,978,684174,252,198
Class A ordinary shares not subject to possible redemption  
SHAREHOLDERS' DEFICIT  
Ordinary shares$ 575$ 575
RENE
Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. Cartesian Growth Corporation II was incorporated in 2021 and is based in New York, New York.
0
 CEO
 WEBSITEcartesiangrowth.com/cgc2
 INDUSTRYShell Companies

Cartesian Growth Corporation II Frequently Asked Questions


What is the ticker symbol for Cartesian Growth Corporation II? What does RENE stand for in stocks?

RENE is the stock ticker symbol of Cartesian Growth Corporation II. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cartesian Growth Corporation II (RENE)?

As of Wed Jun 12 2024, market cap of Cartesian Growth Corporation II is 64.52 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RENE stock?

You can check RENE's fair value in chart for subscribers.

What is the fair value of RENE stock?

You can check RENE's fair value in chart for subscribers. The fair value of Cartesian Growth Corporation II is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cartesian Growth Corporation II is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RENE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cartesian Growth Corporation II a good stock to buy?

The fair value guage provides a quick view whether RENE is over valued or under valued. Whether Cartesian Growth Corporation II is cheap or expensive depends on the assumptions which impact Cartesian Growth Corporation II's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RENE.