Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 132

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 132
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 Federal Income Tax Considerations — U.S. Holders”)
holding period for purposes of determining whether any gain or loss realized by such holder on the sale or exchange of Class A ordinary
shares is long-term capital gain or loss and for determining whether any dividend we pay would be considered “qualified dividend
income” for U.S. federal income tax purposes. See the section entitled “Taxation — United States Federal Income Tax Considerations” for a summary of the U.S. federal income tax considerations of an investment in our
securities. Prospective investors are urged to consult their tax advisors with respect to these and other tax consequences when acquiring,
owning or disposing of our securities.

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Whether a redemption of Class A ordinary shares will be treated as a sale of such Class A ordinary shares for U.S. federal income tax purposes will depend on a shareholder’s specific facts.

The U.S. federal income tax treatment of
a redemption of Class A ordinary shares will depend on whether the redemption qualifies as a sale of such Class A ordinary
shares under Section 302(a) of the Internal Revenue Code of 1986, as amended (the “Code”), which will depend largely
on the total number of our shares treated as held by the shareholder electing to redeem Class A ordinary shares (including any shares
constructively owned by the holder as a result of owning private placement warrants or public warrants or otherwise) relative to all
of our shares outstanding both before and after the redemption. If such redemption is not treated as a sale of Class A ordinary
shares for U.S. federal income tax purposes, the redemption will instead be treated as a corporate distribution of cash from us.
For more information about the U.S. federal income tax treatment of the redemption of Class A ordinary shares, see the sections
entitled “Certain Income Tax Considerations — United States Federal Income Tax Considerations — U.S. Holders — Redemption of Class A Ordinary Shares” or “Certain Income Tax Considerations — United States Federal Income Tax Considerations — Non-U.S. Holders,” as applicable.

We may amend the terms of the warrants in a manner that may be adverse to holders of public warrants with the approval by the holders of at least 50% of the then-outstanding public warrants. As a result, the exercise price of your warrants could be increased, the exercise period could be shortened and the number of Class A ordinary shares purchasable upon exercise of a warrant could be decreased, all without your approval.