Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 231

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 231
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 redeem all public shares at a per share price, payable in     
 cash, equal to the aggregate amount, then on deposit in the trust account (which is initially anticipated to be $10.00 per share),   
 including interest earned on the funds held in the trust account and not previously released to us (less 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.                                                                             |
| Impact                    
 to remaining shareholders |     | The                                                                                                                                        
 redemptions in connection with our initial business combination will reduce the book value per share for our remaining shareholders,       
 who will bear the burden of the deferred underwriting commissions and interest withdrawn in order to pay our taxes (to the extent          
 not paid from amounts accrued as interest on the funds held in the trust account).                                                         |     | If                                                                                                                                     
 the permitted purchases described above are made, there would be no impact to our remaining shareholders because the purchase price    
 would not be paid by us.                                                                                                               |     | The                                                                                                                                  
 redemption of our public shares if we fail to complete our initial business combination will reduce the book value per share for     
 the shares held by our initial shareholders, who will be our only remaining shareholders after such redemptions.                     |

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Comparison of This Offering to Those of Blank Check Companies Subject to Rule 419

The following table compares the terms of this
offering to the terms of an offering by a blank check company subject to the provisions of Rule 419. This comparison assumes that
the gross proceeds, underwriting commissions and underwriting expenses of our offering would be identical to those of an offering undertaken
by a company subject to Rule 419, and that the underwriters will not exercise their over-allotment option. None of the provisions
of Rule 419 apply to our offering.

|                                                |     | Terms of Our Offering                                                                                                                       |     | Terms Under a Rule 419 Offering                                                                                                           |
| Escrow                                         
 of offering proceeds                           |     | $200,000,000 of the net                                                                                                                     
 proceeds of this offering and the sale of the private placement warrants will be deposited into a U.S.-based trust account with Continental 
 Stock Transfer & Trust Company acting as trustee.                                                                                           |     | Approximately $168,300,000                                                                                                                
 of the offering proceeds, representing the gross proceeds of this offering, would