Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 144

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 144
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 with an initial business combination
involving a company organized under the laws of the United States (or any subdivision thereof), it is possible that we domesticate
and continue as a Delaware corporation prior to certain redemptions. Because we expect that, following such a domestication, our securities
would continue to trade on Nasdaq, in such a case we could be subject to the stock buyback tax with respect to any subsequent redemptions
(including redemptions in connection with the initial business combination) that are treated as repurchases for this purpose. In all
cases, whether and to what extent we would be subject to the stock buyback tax will depend on a number of factors, including (i) the
structure of the initial business combination, including the extent to which the initial business combination involves a U.S. corporation
and the extent to which we issue shares in the initial business combination or otherwise during the same taxable year that are eligible
to offset any redemptions or other repurchases, (ii) the fair market value of the shares redeemed and (iii) the extent such
redemptions could be treated as dividends and not as repurchases. The applicability of the stock buyback tax to us could be further affected
by the content of any regulations, clarifications or other additional guidance from the U.S. Treasury Department that may be issued
and applicable to the redemptions.

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Any stock buyback tax that becomes payable
as a result of any redemptions of our Class A ordinary shares (or other shares into which such Class A ordinary shares may
be converted) in connection with our initial business combination or otherwise would be payable by us and not by the redeeming holder.
However, we will not use the proceeds placed in the trust account, or the interest earned on the proceeds placed in the trust account,
to pay for any stock buyback tax or any other fees or taxes that may be levied on the Company on any redemptions or share buybacks by
the Company pursuant to any current, pending or further rules or laws prior to release of such funds from the trust account following
our initial business combination. To the extent such taxes are applicable, the amount of cash available to pay redemptions (if the Company
is permitted or required to pay such taxes using the proceeds placed in the trust account, or the interest earned on the proceeds placed
in the trust account) or transfer to the target business in connection with our