Cartesian Growth Corporation IV (CGCFW) Warrant
Each CGCFW warrant gives the holder the right to buy 1 share of Cartesian Growth Corporation IV at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.82, below the strike, so the warrant is out of the money. Cartesian Growth Corporation IV has a market value of about $340.63M. Cartesian Growth Corporation IV is a SPAC (no deal announced yet). It must complete a deal by June 26, 2028 or the warrants expire worthless. There are 4.98M listed warrants; exercising all of them would add 14.4% to the 34.69M shares outstanding.
CGCF vs strike, last 12 months
No share-price history for CGCF yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.80
From the issuer's 424B4 (2026-06-25).
Company and stock
- Company
- Cartesian Growth Corporation IV
- Underlying stock
- CGCF
- Share price
- $9.82
- Market cap
- $340.63M
- Shares outstanding
- 34.69M
- Value of all listed warrants
- $1.49M (0.4% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.3000
- Price / model
Get Pro to see whether CGCFW is cheap or rich against our model.
Dilution
- Shares outstanding
- 34.69M
- Listed warrants
- 4.98M
- Dilution if all exercised
- 14.4%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2028-06-26
- Latest possible deadline
- —
- Trust per share
- $10.00
- Sponsor
- CGC IV Sponsor LLC
- Sponsor's earlier SPACs
- 3 (2 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about CGCFW
When does the CGCFW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of CGCFW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many CGCFW warrants are outstanding?
4.98M listed warrants, equal to 14.4% dilution if all are exercised.