Cartesian Growth announced that, with its registration statement now effective, shareholders will meet Nov. 17 to vote on the SPAC’s proposed mergers with Tiedemann Group and Alvarium Investments.
As announced in September 2021, the deal would be funded through a combination of Cartesian’s $345 million cash in trust and approximately $165 million in a fully committed PIPE.
The goal of the transaction is to create a global investment firm with $54 billion AUM.
If approved, upon closing the combined company will operate as Alvarium Tiedemann Holdings. Common stock and warrants will list on the Nasdaq under the ticker symbols GLBL and GLBLW. Read more.
