Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 80

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 80
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 or in money market funds
investing solely in U.S. government treasury obligations and meeting certain conditions under Rule 2a-7 under the Investment
Company Act. However, interest previously earned on the funds held in the trust account still may be released to us to pay our taxes,
if any, and certain other expenses as permitted. As a result, any decision to liquidate the investments held in the trust account and
thereafter to hold all funds in the trust account in cash or in an interest bearing demand deposit account at a bank could reduce the
dollar amount our public shareholders would receive upon any redemption or liquidation of our company as compared to what they would have
received had the investments not been so liquidated.

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Notwithstanding the measures set forth above,
we may still be deemed to be an investment company. The longer that the funds in the trust account are held in short-term U.S. government
treasury obligations or in money market funds invested exclusively in such securities, the greater the risk that we may be deemed to be
an unregistered investment company, in which case we may be required to liquidate. If our facts and circumstances change over time, we
will update our disclosure to reflect how those changes impact the risk that we may be considered to be operating as an unregistered investment
company. As disclosed above, we may determine, in our discretion, to liquidate the securities held in the trust account at any time and
instead hold all funds in the trust account in an interest bearing demand deposit account or as cash or cash items at a bank, which could
further reduce the dollar amount our public shareholders would receive upon any redemption or liquidation of our company as compared to
what they would have received had the investments not been so liquidated. Were we to liquidate our company, our warrants would expire
worthless, and our securityholders would lose the investment opportunity associated with an investment in the target company with which
we could have consummated an initial business combination. In addition, upon moving the funds from the trust account to a deposit account,
we would maintain the cash items in bank accounts which, at times, may exceed federally insured limits as guaranteed by the Federal Deposit
Insurance Corporation (“FDIC”). While we would intend to place our deposits in high-quality banks, only a small
portion of the funds in our trust account would be guaranteed by the FDIC.

Our search for a business combination, and any target business with which we