Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 261

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 261
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 may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted in favor
of approving the business combination transaction) in favor of our initial business combination. As a result, in addition to our initial
shareholders’ founder shares, we would need 7,500,001 or 37.5%, of the 20,000,000 public shares sold in this offering to be voted
in favor of an initial business combination in order to have our initial business combination approved, assuming all outstanding shares
are voted, the underwriters’ over-allotment option is not exercised and the parties to the letter agreements do not acquire any
public shares. Assuming that only the holders of one-third of our issued and outstanding ordinary shares, representing a quorum
under our amended and restated memorandum and articles of association vote their shares at a general meeting of the company, we may not
need any public shares in addition to our founder shares to be voted in favor of an initial business combination in order to approve
an initial business combination. Additionally, each public shareholder may elect to redeem their public shares irrespective of whether
they vote for or vote against the proposed transaction, or whether they do not vote or abstain from voting on the proposed transaction,
or whether they were a public shareholder on the record date for the general meeting held to approve the proposed transaction.

Pursuant to our amended and restated memorandum
and articles of association, if we have not completed our initial business combination within the completion window, we will (i) cease
all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days
thereafter (and subject to lawfully available funds therefor), redeem the public shares, at a per share price, payable in cash, equal
to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account (which
interest shall be net of taxes payable, but without deduction for any excise or similar tax that may be due or payable, and less up to
$100,000 of interest to pay dissolution expenses), divided by the number of then-outstanding public shares, which redemption will completely
extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any),
subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our
remaining shareholders and our