Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 43

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 43
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ment option is exercised in full ($10.00 per unit in either case), will be placed                  
 in a U.S. based-trust account with Continental Stock Transfer & Trust Company acting as trustee, and initially be invested only                   
 in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions                   
 under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations; the                            
 holding of these assets in this form is intended to be temporary and for the sole purpose of facilitating the intended business combination.      
 To mitigate the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases         
 the longer that we hold investments in the trust account, we may, at any time (based on our management team’s ongoing assessment                  
 of all factors related to our potential status under the Investment Company Act), instruct the trustee to liquidate the investments held          
 in the trust account and instead to hold the funds in the trust account in cash or in an interest bearing demand deposit account at a             
 bank. The proceeds to be placed in the trust account include $9,000,000 (or up to $10,950,000 if the underwriters’ over-allotment                 
 option is exercised in full) in deferred underwriting commissions.                                                                                |
|                                             |     | Except with respect to interest                                                                                                                   
 earned on the funds held in the trust account that may be released to us to pay our taxes, if any, the proceeds from this offering and            
 the sale of the private placement warrants will not be released from the trust account until the earliest of (i) the completion                   
 of our initial business combination, (ii) the redemption of our public shares if we are unable to complete our initial business                   
 combination within the completion window, subject to applicable law, or (iii) the redemption of our public shares properly submitted              
 in connection with a shareholder vote to amend our amended and restated memorandum and articles of association (A) to modify the                  
 substance or timing of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our            
 public shares if we have not consummated an initial business combination within the completion window or (B) with respect to any                  
 other material provisions relating to shareholders’ rights or pre-initial business combination activity. The proceeds deposited                   
 in the trust account could become subject to the claims of our creditors, if any, which could have priority over