Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 164

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 164
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 they relate; |

| · | evidence                                                    
 of internal review and approval of accounting transactions; |

| · | documentation                                                                   
 of processes, assumptions and conclusions underlying significant estimates; and |

| · | documentation                          
 of accounting policies and procedures. |

Because it will take time, management involvement
and perhaps outside resources to determine what internal control improvements are necessary for us to meet regulatory requirements and
market expectations for our operation of a target business, we may incur significant expenses in meeting our public reporting responsibilities,
particularly in the areas of designing, enhancing, or remediating internal and disclosure controls. Doing so effectively may also take
longer than we expect, thus increasing our exposure to financial fraud or erroneous financing reporting.

Once our management’s report on internal
controls is complete, we will retain our independent registered public accounting firm to audit and render an opinion on such report
when required by Section 404 of the Sarbanes-Oxley Act. The independent registered public accounting firm may identify additional
issues concerning a target business’s internal controls while performing their audit of internal control over financial reporting.

Quantitative and Qualitative Disclosures about Market Risk

The net proceeds of this offering and the sale
of the private placement warrants held in the trust account will 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. Due to the short-term nature of these
investments, we believe there will be no associated material exposure to interest rate risk.

Critical Accounting Estimates

We prepare our financial statements in accordance with accounting principles generally accepted in the United States of America. The preparation of financial statementsalso requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities,
cost