Cartesian Growth Corporation (“Cartesian”) (NASDAQ: GLBL), a publicly traded special purpose acquisition company, today announced that it has received the required pre-closing approvals from the applicable regulatory and governmental authorities in certain jurisdictions where Tiedemann Group(“Tiedemann”) and Alvarium Investments Limited (“Alvarium”) operate with respect to the previously announced business combination among Cartesian, Tiedemann and Alvarium. Upon closing of the transaction, the combined company will operate as Alvarium Tiedemann Holdings (“Alvarium Tiedemann - AlTi”) and will be listed on NASDAQ under the ticker symbol “GLBL,” consistent with Cartesian’s current listing. The successful closing of the transaction, expected in the second half of 2022, is subject to the satisfaction of customary closing conditions, including the registration statement being declared effective by the Securities and Exchange Commission (“SEC”) and shareholder approval.
Cartesian Growth Corporation Receives Required Regulatory and Governmental Pre-Closing Approvals for Proposed Business Combination with Tiedemann Group and Alvarium Investments
May 31, 2022
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