Clear Street Group Inc. Lowers Stock Position in Cartesian Growth Corp III $CGCTU

Clear Street Group Inc. reduced its stake in Cartesian Growth Corp III (NASDAQ:CGCTU) by 78.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,970 shares of the company’s stock after selling 192,969 shares during the quarter. Clear Street Group Inc.’s holdings in Cartesian Growth Corp III were worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Cartesian Growth Corp III Stock Performance

CGCTU stock opened at $12.01 on Tuesday. Cartesian Growth Corp III has a one year low of $9.21 and a one year high of $18.25. The business’s 50 day simple moving average is $11.56.

About Cartesian Growth Corp III

Cartesian Growth Corp III (NASDAQ: CGCTU) is a special purpose acquisition company (SPAC), also known as a blank-check company, whose principal purpose is to identify, acquire, or merge with operating businesses. As a SPAC, it does not currently conduct commercial operations of its own; instead its business activity centers on sourcing and completing a business combination transaction that would result in a combined operating public company. The NASDAQ listing under the symbol CGCTU reflects units that typically comprise common shares and associated rights such as warrants.

The company’s investment mandate, sector focus and geographic targets are set out in its offering documents and SEC filings.