Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 43

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 43
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 not able to independently determine the fair market value of our initial business combination, we will obtain an opinion from an independent 
 investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such         
 criteria. While we consider it likely that our board of directors will be able to make an independent determination of the fair market          
 value of our initial business combination, it may be unable to do so if it is less familiar or experienced with the business of a particular    
 target or if there is a significant amount of uncertainty as to the value of the target’s assets or prospects.                                  |
|                                                 |     | Additionally, pursuant to Nasdaq                                                                                                                
 rules, any initial business combination must be approved by a majority of our independent directors. We will complete our initial business      
 combination only if the post-transaction company in which our public shareholders own shares will own or acquire 50% or more of the outstanding 
 voting securities of the target or is otherwise not required to register as an investment company under the Investment Company Act. Even        
 if the post-transaction company owns or acquires 50% or more of the voting securities of the target, our shareholders prior to our initial      
 business combination may collectively own a minority interest in the post business combination company, depending on valuations ascribed        
 to the target and us in the business combination transaction. For example, we could pursue a transaction in which we issue a substantial        
 number of new shares in exchange for all of the outstanding capital stock, shares or other equity interests of a target. In this case,          
 we would acquire a 100% controlling interest in the target. However, as a result of the issuance of a substantial number of new shares,         
 our shareholders immediately prior to our initial business combination could own less than a majority of our issued and outstanding shares      
 subsequent to our initial business combination.                                                                                                 |
|                                                 |     | If less than 100% of the equity                                                                                                                 
 interests or assets of a target business or businesses are owned or acquired by the post-transaction company, the portion of such business      
 or businesses that is owned or acquired is what will be taken into account for purposes of the 80% of net assets test described above,          
 provided that in the event that the business combination involves more than one target business, the aggregate value of all of the target       
 businesses will be taken into account for purposes of the 80% fair market value test and we will treat the transactions together as our         
 initial business combination for purposes of seeking shareholder approval or