CGCTU Factorial Energy Inc.
Price Chart
Executive Summary
Factorial Energy Inc. (formerly Cartesian Growth Corporation III) filed an 8-K reporting the completion of its business combination with Factorial Inc. on June 5, 2026. The SPAC merger closed with the redemption of 23,051,313 public shares, and the combined entity's Series A common stock and warrants will begin trading on Nasdaq under tickers FAC and FACWW on June 8, 2026. This is a routine post-closing announcement with no new financial or operational details.
Actionable Insight
The merger is closed and trading symbols change to FAC/FACWW on June 8. Monitor the upcoming post-combination 8-K (due within 4 business days) for the pro forma balance sheet and cash position, which will reveal the net cash from the SPAC trust post-redemption and the resulting enterprise value for the combined entity.
Key Facts
- Business combination closed on June 5, 2026 between Cartesian Growth Corp III and Factorial Inc.
- 23,051,313 Class A ordinary shares were redeemed prior to the domestication.
- All Class B shares converted on a one-for-one basis into Class A shares prior to the merger.
- The combined entity renamed Factorial Energy Inc. and its Series A common stock will trade on Nasdaq under ticker FAC starting June 8, 2026.
- Public warrants trade under ticker FACWW on Nasdaq.
- Additional post-closing financial details to be filed in a separate 8-K within four business days
Financial Impact
23,051,313 public shares redeemed; no current financial metrics disclosed.
Risk Factors
- High redemption of 23M+ shares suggests limited public float and potential SPAC trust depletion, though exact trust proceeds are not disclosed in this filing.
- No operating financials are provided; post-combination company performance is unknown until the next quarterly report.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-070968 |
| Document: 0001104659-26-070968-index-headers.html | 0001104659-26-070968 |
| Document: 0001104659-26-070968-index.html | 0001104659-26-070968 |
| Document: 0001104659-26-070968.txt | 0001104659-26-070968 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
4d ago
|
8-K
| — | awaiting T+5 | — | — |
|
Jun 5, 2026
9d ago
|
25-NSE
| $12.96 awaiting T+5 | awaiting T+5 | — | — |
|
Jun 5, 2026
9d ago
|
8-K
| $12.96 awaiting T+5 | awaiting T+5 | — | — |
|
May 11, 2026
4w ago
|
425
| $11.30 $10.84 | ▼ −4.07% | ▼ −3.99% | — |
|
May 11, 2026
4w ago
|
8-K
| $11.30 $10.84 | ▼ −4.07% | ▼ −3.99% | — |
|
May 7, 2026
5w ago
|
EFFECT
| $11.30 $11.10 | ▼ −1.77% | ▼ −3.27% | — |
|
Apr 23, 2026
7w ago
|
425
| $10.82 $11.30 | ▲ +4.44% | ▲ +2.96% | — |
US Market Status
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