Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 160

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 160
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 Operations</div>

Overview

We are a blank check company incorporated on
October 29, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange,
asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer
to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not,
nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. Additionally,
we have not contacted any of the prospective target businesses that CGC I, a former SPAC sponsored by affiliates of our sponsor that
completed its initial business combination in January 2023, had considered and rejected while such entity was a blank check company
searching for target businesses to acquire. We also have not contacted any of the prospective target businesses that CGC II, an existing
SPAC sponsored by affiliates of our sponsor that consummated its initial public offering in May 2022, has considered while such
entity continues its search for target businesses to acquire. However, we may contact any such targets subsequent to the closing of this
offering if we become aware that the valuations, operations, profits or prospects of such target business, or the benefits of any potential
transaction with such target business, would be attractive to our shareholders. We have conducted no operations and have generated no
revenues to date, and we will not generate operating revenues until, at the earliest, after we consummate our initial business combination.

We may pursue an initial business combination
in any business or industry but expect to focus on seeking high-growth businesses with proven or potential transnational operations or
outlooks in order to capitalize on the experience, reputation, and network of our management team. Furthermore, we intend to seek target
businesses where we believe we will have an opportunity to drive ongoing value creation after our initial business combination is completed,
as our management team has done with multiple investments over a wide range of sectors, industries and geographical locations.

We intend to effectuate our initial business
combination using cash from the proceeds of this offering and the private placement of the private placement warrants, the proceeds of
the sale of our shares in connection with our initial business combination (pursuant to forward purchase agreements or backstop agreements
we may enter into following the consummation of this offering or otherwise), shares issued to the owners of the target, debt