Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 165

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 165
---
 seek loans from parties other than our sponsor or an affiliate of our sponsor
as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access
to funds in our trust account.

We expect our primary liquidity requirements
during that period to include approximately $350,000 for legal, accounting, due diligence, travel and other expenses in connection with
any business combination; $175,000 for legal and accounting fees related to regulatory reporting obligations; $81,000 for Nasdaq and
other regulatory fees; $120,000 for office space, utilities and secretarial and administrative support; $375,000 for directors’
and officers’ liability insurance; and approximately $149,000 for working capital to cover miscellaneous expenses and reserves.
See “Use of Proceeds” for more detailed information regarding these estimated expenses.

These amounts are estimates and may differ materially
from our actual expenses. In addition, we could use a portion of the funds not being placed in trust to pay commitment fees for financing,
fees to consultants to assist us with our search for a target business or as a down payment or to fund a “no-shop” provision
(a provision designed to keep target businesses from “shopping” around for transactions with other companies or investors
on terms more favorable to such target businesses) with respect to a particular proposed business combination, although we do not have
any current intention to do so. If we entered into an agreement where we paid for the right to receive exclusivity from a target business,
the amount that would be used as a down payment or to fund a “no-shop” provision would be determined based on the terms of
the specific business combination and the amount of our available funds at the time. Our forfeiture of such funds (whether as a result
of our breach or otherwise) could result in our not having sufficient funds to continue searching for, or conducting due diligence with
respect to, prospective target businesses.

Moreover, we may need to obtain additional financing
to complete our initial business combination, either because the transaction requires more cash than is available from the proceeds held
in our trust account or because we become obligated to redeem a significant number of our public shares upon completion of the business
combination, in which case we may issue additional securities or incur debt in connection with such business combination. If we raise
additional funds through equity or convertible debt issuances, our public shareholders may suffer significant dilution and these securities
could have rights that rank senior to our public shares