NASDAQ:CGCT

CGCT Heads Into Key Week With Factorial Deal Nearing Nasdaq Ticker Switch
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CGCT Heads Into Key Week With Factorial Deal Nearing Nasdaq Ticker Switch

Cartesian Growth Corporation III fell 7.19% to $12.53 Friday after shareholders approved its merger with Factorial Inc., but about $240 million was redeemed from the trust account. The merged company will trade as Factorial Energy under “FAC” and “FACWW” on Nasdaq once the deal closes. Premarket trading Monday was light, with shares at $13.07 as of 8:10 a.m. EDT.
June 1, 2026

Stock Market Today

  • FTSE 100 dips 0.7% as Iran halts US peace talks; oil prices surge
    June 1, 2026, 1:19 PM EDT. The FTSE 100 fell 0.7% to 10,338.95 on Monday following Iran's suspension of peace talks with the U.S. amid renewed conflict linked to Israel's Lebanon offensive. The FTSE 250 and AIM also declined. Brent crude oil prices jumped to $97.22 a barrel, responding to Iran's threats to block key shipping routes including the Strait of Hormuz. European markets also slipped, with Paris' CAC 40 down 0.5% and Frankfurt's DAX 40 falling 0.4%. In contrast, U.S. indexes were mixed. UK manufacturing expanded at its fastest pace in four years despite cost pressures linked to Middle East tensions. BP and Shell shares rose over 2% on the back of higher oil prices. Key global currencies and Treasury yields reflected heightened geopolitical risk and market caution.