Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 264

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 264
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 thereof to purchase one
Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in this prospectus. Pursuant to the warrant
agreement, a warrant holder may exercise its warrants only for a whole number of the company’s Class A ordinary shares. This
means only a whole warrant may be exercised at any given time by a warrant holder. For example, if a warrant holder holds one-half of
one warrant to purchase a Class A ordinary share, such warrant will not be exercisable. If a warrant holder holds two halves of one
warrant, such whole warrant will be exercisable for one Class A ordinary share at a price of $11.50 per share. The Class A ordinary
shares and warrants comprising the units are expected to begin separate trading on the 52 day following the date of
this prospectus unless Cantor informs us of its decision to allow earlier separate trading, subject to our having filed the Current Report
on Form 8-K described below and having issued a press release announcing when such separate trading will begin. Once the Class A
ordinary shares and warrants commence separate trading, holders will have the option to continue to hold units or separate their units
into the component securities. Holders will need to have their brokers contact our transfer agent in order to separate the units into
Class A ordinary shares and warrants. No fractional warrants will be issued upon separation of the units and only whole warrants
will trade. Accordingly, unless you purchase at least two units, you will not be able to receive or trade a whole warrant.

In no event will the Class A ordinary shares
and warrants be traded separately until we have filed with the SEC a Current Report on Form 8-K which includes an audited balance
sheet reflecting our receipt of the gross proceeds of this offering. We will file a Current Report on Form 8-K which includes this
audited balance sheet upon the completion of this offering. If the underwriters’ over-allotment option is exercised following the
initial filing of such Current Report on Form 8-K, a second or amended Current Report on Form 8-K will be filed to provide updated
information to reflect the exercise of the over-allotment option.

Ordinary Shares

Prior to the date of this prospectus, there were
5,750,000 Class B ordinary shares outstanding, all of which were held of record by our initial shareholders, so that our initial
shareholders will own 20% of our issued and outstanding ordinary