Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 105

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 105
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 that limit foreign ownership.

The process of government review, whether by CFIUS
or otherwise, could be lengthy. Because we have only a limited time to complete our initial business combination, our failure to obtain
any required approvals within the requisite time period may require us to liquidate. If we are unable to consummate our initial business
combination within the completion window, including as a result of extended regulatory review of a potential initial business combination,
we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more
than ten business days thereafter (and subject to lawfully available funds therefor), redeem the public shares, at a per share
price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held
in the trust account (which interest shall be net of 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,
which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further
liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption,
subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject in each case to our
obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. In such event, our
shareholders will miss the opportunity to benefit from an investment in a target company and the appreciation in value of such investment.
Additionally, our warrants may be worthless.

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As the number of SPACs evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets or such attractive targets may not be interested in consummating a business combination with a SPAC due to a negative public perception of mergers involving SPACs. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination.

In recent years, the number of SPACs that
have been formed has increased substantially. Many potential targets for SPACs have already entered into an initial business combination,
and there are still many SPACs preparing for an initial public offering, as well as many