Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 39

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 39
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 use our best efforts           
 to register or qualify such ordinary shares under the blue sky laws of the state of residence in those states in which the warrants        
 were offered by us in this offering.                                                                                                       |
| Founder 
 shares: |     | Pursuant to certain subscription agreements                                                                                                
 dated October 29, 2024, on November 12, 2024, our initial shareholders paid an aggregate of $25,000, or approximately $0.004               
 per share, to cover certain of our offering costs in exchange for an aggregate of 5,750,000 founder shares.                                
 Prior to the initial investment in the company                                                                                             
 of $25,000 by our initial shareholders, the company had no assets, tangible or intangible. The per share price of the founder shares       
 was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder     
 shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 23,000,000 units     
 if the underwriters’ over-allotment option is exercised in full, and therefore that such founder shares would represent 20%                
 of the outstanding ordinary shares after this offering. Our public shareholders may incur material dilution due to such anti-dilution      
 adjustments that result in the issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion. Up to               
 750,000 of the founder shares will be surrendered by our sponsor to us for no consideration depending on the extent to which the           
 underwriters’ over-allotment option is not exercised. If we increase or decrease the size of this offering pursuant to Rule 462(b) under   
 the Securities Act, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as           
 applicable, with respect to our Class B ordinary shares immediately prior to the consummation of this offering in such amount              
 as to maintain the ownership of founder shares by our initial shareholders, on an as-converted basis, at 20% of our issued and outstanding 
 ordinary shares upon the consummation of this offering. Any conversion of Class B ordinary shares described herein will take               
 effect as a compulsory redemption of Class B ordinary shares and an issuance of Class A ordinary shares as a matter of                     
 Cayman Islands law.                                                                                                                        |

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|                                 |     | The founder shares are identical to the Class A ordinary shares included in the units being sold