Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 287

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 287
---
man Islands of judgments
obtained in the United States, the courts of the Cayman Islands will recognize and enforce a foreign money judgment of a foreign
court of competent jurisdiction without retrial on the merits based on the principle that a judgment of a competent foreign court imposes
upon the judgment debtor an obligation to pay the sum for which judgment has been given provided certain conditions are met. For a foreign
judgment to be enforced in the Cayman Islands, such judgment must be final and conclusive and for a liquidated sum, and must not be in
respect of taxes or a fine or penalty, inconsistent with a Cayman Islands judgment in respect of the same matter, impeachable on the
grounds of fraud or obtained in a manner, and or be of a kind the enforcement of which is, contrary to natural justice or the public
policy of the Cayman Islands (awards of punitive or multiple damages may well be held to be contrary to public policy). A Cayman Islands
Court may stay enforcement proceedings if concurrent proceedings are being brought elsewhere.

Special Considerations for Exempted Companies.We are an exempted company with limited liability under the Companies Law. The Companies
Law distinguishes between ordinary resident companies and exempted companies. Any company that is registered in the Cayman Islands but
conducts business mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements for an exempted
company are essentially the same as for an ordinary company except for the exemptions and privileges listed below:

| · | annual                                                                                             
 reporting requirements are minimal and consist mainly of a statement that the company has          
 conducted its operations mainly outside of the Cayman Islands and has complied with the provisions 
 of the Companies Law;                                                                              |

| · | an                                                                                       
 exempted company’s register of members is not open to inspection and can be kept outside 
 of the Cayman Islands;                                                                   |

| · | an                                                                
 exempted company does not have to hold an annual general meeting; |

| · | an                                                              
 exempted company may issue shares with no nominal or par value; |

| · | an                                                                                       
 exempted company may obtain an undertaking against the imposition of any future taxation 
 (such undertakings are usually given for 30 years in the first instance); and            |

| · | an                                                                                               
 exempted company may register by way of continuation in another jurisdiction and be deregistered 
 in the Cayman Islands;                                                                           |

“Limited liability” means that the
liability of each shareholder