Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 210

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 210
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 necessary
to enhance the incumbent management.

Shareholders May Not Have the Ability to Approve Our Initial Business Combination

We may conduct redemptions without a shareholder
vote pursuant to the tender offer rules of the SEC subject to the provisions of our amended and restated memorandum and articles
of association. However, we will seek shareholder approval if it is required by law or applicable stock exchange rule, or we may decide
to seek shareholder approval for business or other reasons.

Under Nasdaq’s listing rules, shareholder
approval would be required for our initial business combination if, for example:

| · | We issue ordinary shares that will be equal to or in excess of 20% of the number of our ordinary shares 
 then outstanding (other than in a public offering);                                                     |

| · | Any of our directors, officers or substantial shareholders (as defined by Nasdaq rules) has a 5% or greater                               
 interest (or such persons collectively have a 10% or greater interest), directly or indirectly, in the target business or assets to be    
 acquired or otherwise and the present or potential issuance of ordinary shares could result in an increase in outstanding ordinary shares 
 or voting power of 5% or more; or                                                                                                         |

| · | The issuance or potential issuance of ordinary shares will result in our undergoing a change of control. |

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The decision as to whether we will seek shareholder
approval of a proposed business combination in those instances in which shareholder approval is not required by applicable law or stock
exchange listing requirements will be made by us, solely in our discretion, and will be based on business and legal reasons, which include
a variety of factors, including, but not limited to: (i) the timing of the transaction, including in the event we determine shareholder
approval would require additional time and there is either not enough time to seek shareholder approval or doing so would place the company
at a disadvantage in the transaction or result in other additional burdens on the company; (ii) the expected cost of holding a shareholder
vote; (iii) the risk that the shareholders would fail to approve the proposed business combination; (iv) other time and budget
constraints of the company; and (v) additional legal complexities of a proposed business combination that would be time-consuming
and burdensome to present to shareholders.

Permitted Purchases of Our Securities

If we seek shareholder approval of our initial
business combination and we do not conduct redemptions in connection with our initial business combination pursuant to