Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 301

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 301
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 treatment of which is described under “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Class A Ordinary Shares and Warrants” below).

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Dividends paid by us will be taxable to a corporate
U.S. Holder at regular rates and will not be eligible for the dividends-received deduction generally allowed to domestic corporations
in respect of dividends received from other domestic corporations. With respect to non-corporate U.S. Holders, dividends generally
will be taxed at the lower applicable long-term capital gains rate (see “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Class A Ordinary Shares and Warrants” below) only if (i) our Class A ordinary
shares are readily tradable on an established securities market in the United States, (ii) we are not a PFIC in the taxable
year in which the dividend was paid or in the previous year, and (iii) certain other requirements, including holding period requirements,
are met. It is unclear, however, whether certain redemption rights described in this prospectus may suspend the running of the applicable
holding period of the Class A ordinary shares for this purpose. U.S. Holders should consult their tax advisors regarding the
availability of such lower rate for any dividends paid with respect to our Class A ordinary shares.

Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Class A Ordinary Shares and Warrants

Subject to the PFIC rules discussed below,
a U.S. Holder generally will recognize capital gain or loss on the sale or other taxable disposition of our Class A ordinary
shares or warrants (including a redemption of our Class A ordinary shares (as described below) or warrants that is treated as a
taxable disposition, including pursuant to our dissolution and liquidation if we do not consummate an initial business combination within
the required time period). Any such capital gain or loss generally will be long-term capital gain or loss if the U.S. Holder’s
holding period for such Class A ordinary shares or warrants exceeds one year. Long-term capital gain realized by a non-corporate
U.S. Holder may be taxed at reduced rates of taxation. It is unclear, however, whether certain redemption rights described in this
prospectus may suspend the running of the applicable holding period of the Class A ordinary shares for this purpose. If the running
of the holding period for the Class A ordinary shares is suspended, then non-c