Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 96

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 96
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 redeem your shares at the time of our initial business combination.

Pursuant to certain subscription agreements dated
October 29, 2024, on November 12, 2024, our sponsor and DirectorCo purchased an aggregate of 5,750,000 founder shares for a
purchase price of $25,000, or approximately $0.004 per share. Our independent directors are members of DirectorCo and have a financial
interest in DirectorCo’s founder shares. Our independent directors acquired that membership interest at no cost. Consequently,
our independent directors may profit substantially if we consummate our initial business combination, even if our share price declines
in value after that business combination and our public shareholders, who typically have purchased their units or shares for prices at
or about $10.00 each, experience significant losses in connection with their investment. If we fail to consummate an initial business
combination, however, the founder shares will be worthless, although in contrast our public shareholders will receive a pro rata distribution
of the aggregate amount then on deposit in the trust account. As a result, the financial interest of our independent directors in our
founder shares may prompt them to consider an initial business combination with a risky target business and/or on terms that may not
be favorable to our public shareholders, particularly as the end of the completion window nears, which is the deadline for our completion
of an initial business combination. You should consider our independent directors’ potential conflict of interest when deciding
whether to invest in this offering. If you do invest in this offering, you should consider this potential conflict of interest when you
decide whether to redeem your shares at the time of our initial business combination.

We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us.

Although we have no commitments as of the date
of this prospectus to issue any notes or other debt securities, or to otherwise incur outstanding debt following this offering, we may
choose to incur substantial debt to complete our initial business combination. The incurrence of debt could have a variety of negative
effects, including:

| · | default                                                                                       
 and foreclosure on our assets if our operating revenues after an initial business combination 
 are insufficient to repay our debt obligations;                                               |

| · | acceleration                                                                                     
 of our obligations to repay the indebtedness even if we make all principal and interest payments 
 when due if we