# Cartesian Growth Corp III SPAC merger approved with $239.96M redemptions

_Friday, June 26, 2026 at 12:56 AM EDT · Tech & Business · Latest · Tier 2 — Notable_

![Cartesian Growth Corp III SPAC merger approved with $239.96M redemptions — Primary](https://www.boardroomalpha.com/opengraph-image)

Cartesian Growth Corp III reported about 239.96 million dollars redeemed from its trust on May 28, 2026 after shareholders approved its merger. The vote outcome was marked deal approved. Lionano SE Inc. was listed as the target company.

Shareholders approved the Factorial business combination and related governance proposals. Redemption of about 239.96 million dollars from the trust occurred. The trust value stood at 10.41 dollars per share with 23,051,313 shares redeemed.

No SPAC IPOs priced on May 28, 2026. May month to date now stands at 19 IPOs totaling 2.52 billion dollars over 28 sessions.

## Sources

- [startups](https://www.boardroomalpha.com/research/spac-market-update-may-28-2026-cgct)

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Retrieved: 2026-06-26T09:19:41.744Z
Publisher: Tech & Business (techandbusiness.org)