On March 24, 2026, Cartesian Growth Corporation III (CGCIII) filed an 8-K with the SEC, detailing its ongoing business combination with Factorial Inc., a Delaware corporation. This filing follows the initial announcement of the merger agreement made on December 17, 2025. The 8-K includes a Regulation FD disclosure, which provides an updated investor presentation intended for potential investors and stakeholders. The presentation outlines the strategic rationale behind the merger, emphasizing Factorial's innovative solid-state battery technology, which is poised to revolutionize the electric vehicle market and other sectors such as defense and robotics. The merger is expected to create significant value for shareholders, with Factorial being valued at approximately $1.1 billion. The filing also indicates that existing Factorial shareholders will roll over 100% of their equity into the combined entity, which is expected to enhance liquidity and provide a robust capital structure. The transaction is supported by a substantial capital commitment from Cartesian affiliates, including a $100 million private investment in public equity (PIPE) from institutional investors. This merger is seen as a strategic move to capitalize on the growing demand for advanced battery technologies, with projections indicating a significant increase in global battery demand over the next few years. The filing also includes forward-looking statements regarding the anticipated benefits of the merger and the expected operational synergies. Overall, this development is viewed positively, as it positions both companies to leverage their strengths in a rapidly evolving market.

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