[Form 4] Digital Turbine, Inc. Insider Trading Activity
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) filed an 8-K disclosing its ninth one-month extension to complete a business combination. The Board moved the deadline, known as the 鈥淏usiness Combination Period,鈥� from 5 Aug 2025 to 5 Sep 2025.
To effect the extension, sponsor CGC II Sponsor LLC will advance $250,000 under an unsecured promissory note that permits borrowings up to $2.4 million. The funds will be deposited into the IPO trust account as required by the company鈥檚 amended memorandum and articles.
This is the 9th of 12 permissible monthly extensions; no additional financial results, target identification, or other material transactions were reported.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) ha depositato un modulo 8-K comunicando la sua nona estensione di un mese per completare una combinazione aziendale. Il Consiglio ha posticipato la scadenza, nota come 鈥淧eriodo di Combinazione Aziendale,鈥� dal 5 agosto 2025 al 5 settembre 2025.
Per effettuare l'estensione, lo sponsor CGC II Sponsor LLC anticiper脿 250.000 dollari tramite una nota di debito non garantita che consente prestiti fino a 2,4 milioni di dollari. I fondi saranno depositati nel conto fiduciario IPO come previsto dal memorandum e dagli articoli modificati della societ脿.
Questa 猫 la 9陋 delle 12 estensioni mensili consentite; non sono stati riportati ulteriori risultati finanziari, identificazione di obiettivi o altre transazioni rilevanti.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) present贸 un formulario 8-K informando sobre su novena pr贸rroga de un mes para completar una combinaci贸n empresarial. La Junta movi贸 la fecha l铆mite, conocida como el 鈥淧er铆odo de Combinaci贸n Empresarial,鈥� del 5 de agosto de 2025 al 5 de septiembre de 2025.
Para efectuar la pr贸rroga, el patrocinador CGC II Sponsor LLC adelantar谩 250,000 d贸lares mediante un pagar茅 no garantizado que permite pr茅stamos de hasta 2.4 millones de d贸lares. Los fondos se depositar谩n en la cuenta fiduciaria de la oferta p煤blica inicial seg煤n lo requerido por el memorando y los estatutos enmendados de la compa帽铆a.
Esta es la novena de doce pr贸rrogas mensuales permitidas; no se reportaron resultados financieros adicionales, identificaci贸n de objetivos ni otras transacciones materiales.
Cartesian Growth Corporation II (雮橃姢雼�: RENE/RENEU/RENEW)電� 靷梾 瓴绊暕 鞕勲毳� 鞙勴暅 鞎勴檳 氩堨Ц 頃� 雼� 鞐办灔 靻岇嫕鞚� 雼挫潃 8-K毳� 鞝滌稖頄堨姷雼堧嫟. 鞚挫偓須岆姅 '靷梾 瓴绊暕 旮瓣皠'鞙茧 鞎岆牑歆� 毵堦皭鞚检潉 2025雲� 8鞗� 5鞚检棎靹� 2025雲� 9鞗� 5鞚茧 鞐瓣赴頄堨姷雼堧嫟.
鞐办灔鞚� 鞁ろ枆頃橁赴 鞙勴暣 鞀ろ彴靹� CGC II Sponsor LLC電� 斓滊寑 240毵� 雼煬旯岇 彀瀰鞚� 臧�電ロ暅 氍措嫶氤� 鞎届啀鞏挫潓鞚� 韱淀暣 25毵� 雼煬毳� 靹犾旮夗暊 鞓堨爼鞛呺媹雼�. 鞚� 鞛愱笀鞚� 須岇偓鞚� 靾橃爼霅� 鞝曣磤 氚� 臧侅劀鞐� 霐半澕 IPO 鞁犿儊 瓿勳鞐� 鞛呹笀霅╇媹雼�.
鞚措矆鞚� 項堨毄霅� 12須� 欷� 9氩堨Ц 鞗旊硠 鞐办灔鞙茧, 於旉皜 鞛 瓴瓣臣, 氇╉憸 鞁濍硠 霕愲姅 旮绊儉 欷戩殧頃� 瓯半灅電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Cartesian Growth Corporation II (Nasdaq : RENE/RENEU/RENEW) a d茅pos茅 un formulaire 8-K annon莽ant sa neuvi猫me prolongation d鈥檜n mois pour finaliser une op茅ration de fusion-acquisition. Le conseil d鈥檃dministration a repouss茅 la date limite, appel茅e 芦 P茅riode de combinaison d鈥檈ntreprise 禄, du 5 ao没t 2025 au 5 septembre 2025.
Pour effectuer cette prolongation, le sponsor CGC II Sponsor LLC avancera 250 000 dollars via un billet 脿 ordre non garanti permettant des emprunts jusqu鈥櫭� 2,4 millions de dollars. Les fonds seront d茅pos茅s sur le compte fiduciaire de l鈥檌ntroduction en bourse, conform茅ment au m茅morandum et aux statuts modifi茅s de la soci茅t茅.
Il s鈥檃git de la 9e des 12 prolongations mensuelles autoris茅es ; aucun r茅sultat financier suppl茅mentaire, identification de cible ou autre transaction importante n鈥檃 茅t茅 signal茅.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) hat eine 8-K-Meldung eingereicht, in der die neunte einmonatige Verl盲ngerung zur Durchf眉hrung einer Unternehmenszusammenf眉hrung bekannt gegeben wird. Der Vorstand hat die Frist, bekannt als 鈥濨usiness Combination Period鈥�, vom 5. August 2025 auf den 5. September 2025 verschoben.
Zur Umsetzung der Verl盲ngerung wird der Sponsor CGC II Sponsor LLC 250.000 US-Dollar mittels eines ungesicherten Schuldscheindarlehens vorschie脽en, das Darlehensaufnahmen bis zu 2,4 Millionen US-Dollar erlaubt. Die Mittel werden auf das IPO-Treuhandkonto eingezahlt, wie es durch die ge盲nderte Satzung der Gesellschaft vorgeschrieben ist.
Dies ist die 9. von 12 zul盲ssigen monatlichen Verl盲ngerungen; es wurden keine weiteren finanziellen Ergebnisse, Zielidentifikationen oder sonstige wesentliche Transaktionen gemeldet.
- Sponsor advances $250,000 to fund the trust, signaling ongoing financial support.
- Trust account remains intact, preserving redemption value for public shareholders.
- Ninth extension highlights continued inability to secure a merger target, increasing deal uncertainty.
- Additional borrowing under the $2.4 million note raises leverage ahead of any future transaction.
Insights
TL;DR 鈥� Ninth extension keeps SPAC alive but signals difficulty closing a deal; sponsor support limits immediate redemption risk.
Another one-month extension to 5 Sep 2025 indicates CGC II has yet to secure a definitive merger agreement. The sponsor鈥檚 $250k deposit demonstrates continued financial backing, protecting the trust value and meeting charter requirements. However, with only three monthly extensions left, time pressure rises and potential targets gain negotiating leverage. Overall impact is neutral: cash safety maintained, but strategic uncertainty persists.
TL;DR 鈥� Repeated deadline pushes heighten execution risk; growing sponsor loan increases leverage against future proceeds.
The ninth consecutive extension underscores prolonged deal sourcing challenges, raising the probability of liquidation or shareholder fatigue. Each draw on the unsecured note鈥攏ow at least $250k鈥攁dds liabilities senior to ordinary shareholders upon closing. With only three extensions remaining, investors should monitor note balance growth and any shift in sponsor commitment. From a risk viewpoint, the filing leans negative because timeline slippage and incremental debt can erode eventual transaction economics.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) ha depositato un modulo 8-K comunicando la sua nona estensione di un mese per completare una combinazione aziendale. Il Consiglio ha posticipato la scadenza, nota come 鈥淧eriodo di Combinazione Aziendale,鈥� dal 5 agosto 2025 al 5 settembre 2025.
Per effettuare l'estensione, lo sponsor CGC II Sponsor LLC anticiper脿 250.000 dollari tramite una nota di debito non garantita che consente prestiti fino a 2,4 milioni di dollari. I fondi saranno depositati nel conto fiduciario IPO come previsto dal memorandum e dagli articoli modificati della societ脿.
Questa 猫 la 9陋 delle 12 estensioni mensili consentite; non sono stati riportati ulteriori risultati finanziari, identificazione di obiettivi o altre transazioni rilevanti.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) present贸 un formulario 8-K informando sobre su novena pr贸rroga de un mes para completar una combinaci贸n empresarial. La Junta movi贸 la fecha l铆mite, conocida como el 鈥淧er铆odo de Combinaci贸n Empresarial,鈥� del 5 de agosto de 2025 al 5 de septiembre de 2025.
Para efectuar la pr贸rroga, el patrocinador CGC II Sponsor LLC adelantar谩 250,000 d贸lares mediante un pagar茅 no garantizado que permite pr茅stamos de hasta 2.4 millones de d贸lares. Los fondos se depositar谩n en la cuenta fiduciaria de la oferta p煤blica inicial seg煤n lo requerido por el memorando y los estatutos enmendados de la compa帽铆a.
Esta es la novena de doce pr贸rrogas mensuales permitidas; no se reportaron resultados financieros adicionales, identificaci贸n de objetivos ni otras transacciones materiales.
Cartesian Growth Corporation II (雮橃姢雼�: RENE/RENEU/RENEW)電� 靷梾 瓴绊暕 鞕勲毳� 鞙勴暅 鞎勴檳 氩堨Ц 頃� 雼� 鞐办灔 靻岇嫕鞚� 雼挫潃 8-K毳� 鞝滌稖頄堨姷雼堧嫟. 鞚挫偓須岆姅 '靷梾 瓴绊暕 旮瓣皠'鞙茧 鞎岆牑歆� 毵堦皭鞚检潉 2025雲� 8鞗� 5鞚检棎靹� 2025雲� 9鞗� 5鞚茧 鞐瓣赴頄堨姷雼堧嫟.
鞐办灔鞚� 鞁ろ枆頃橁赴 鞙勴暣 鞀ろ彴靹� CGC II Sponsor LLC電� 斓滊寑 240毵� 雼煬旯岇 彀瀰鞚� 臧�電ロ暅 氍措嫶氤� 鞎届啀鞏挫潓鞚� 韱淀暣 25毵� 雼煬毳� 靹犾旮夗暊 鞓堨爼鞛呺媹雼�. 鞚� 鞛愱笀鞚� 須岇偓鞚� 靾橃爼霅� 鞝曣磤 氚� 臧侅劀鞐� 霐半澕 IPO 鞁犿儊 瓿勳鞐� 鞛呹笀霅╇媹雼�.
鞚措矆鞚� 項堨毄霅� 12須� 欷� 9氩堨Ц 鞗旊硠 鞐办灔鞙茧, 於旉皜 鞛 瓴瓣臣, 氇╉憸 鞁濍硠 霕愲姅 旮绊儉 欷戩殧頃� 瓯半灅電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Cartesian Growth Corporation II (Nasdaq : RENE/RENEU/RENEW) a d茅pos茅 un formulaire 8-K annon莽ant sa neuvi猫me prolongation d鈥檜n mois pour finaliser une op茅ration de fusion-acquisition. Le conseil d鈥檃dministration a repouss茅 la date limite, appel茅e 芦 P茅riode de combinaison d鈥檈ntreprise 禄, du 5 ao没t 2025 au 5 septembre 2025.
Pour effectuer cette prolongation, le sponsor CGC II Sponsor LLC avancera 250 000 dollars via un billet 脿 ordre non garanti permettant des emprunts jusqu鈥櫭� 2,4 millions de dollars. Les fonds seront d茅pos茅s sur le compte fiduciaire de l鈥檌ntroduction en bourse, conform茅ment au m茅morandum et aux statuts modifi茅s de la soci茅t茅.
Il s鈥檃git de la 9e des 12 prolongations mensuelles autoris茅es ; aucun r茅sultat financier suppl茅mentaire, identification de cible ou autre transaction importante n鈥檃 茅t茅 signal茅.
Cartesian Growth Corporation II (Nasdaq: RENE/RENEU/RENEW) hat eine 8-K-Meldung eingereicht, in der die neunte einmonatige Verl盲ngerung zur Durchf眉hrung einer Unternehmenszusammenf眉hrung bekannt gegeben wird. Der Vorstand hat die Frist, bekannt als 鈥濨usiness Combination Period鈥�, vom 5. August 2025 auf den 5. September 2025 verschoben.
Zur Umsetzung der Verl盲ngerung wird der Sponsor CGC II Sponsor LLC 250.000 US-Dollar mittels eines ungesicherten Schuldscheindarlehens vorschie脽en, das Darlehensaufnahmen bis zu 2,4 Millionen US-Dollar erlaubt. Die Mittel werden auf das IPO-Treuhandkonto eingezahlt, wie es durch die ge盲nderte Satzung der Gesellschaft vorgeschrieben ist.
Dies ist die 9. von 12 zul盲ssigen monatlichen Verl盲ngerungen; es wurden keine weiteren finanziellen Ergebnisse, Zielidentifikationen oder sonstige wesentliche Transaktionen gemeldet.
FAQ
Why did RENE/RENEW file this Form 8-K?
What is the new business-combination deadline for Cartesian Growth Corporation II?
How much money is being added to the trust account?
How many extensions remain under the Articles?
Does the filing mention any merger target or financial results?
