Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 237

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 237
---
 SPAC. Since October 2022, Mr. Litvack has served on the board of directors for ParkerVision, Inc.,
a leader in proprietary radio frequency technologies. Mr. Litvack earned his B.A. at The University of Connecticut and received his
LL.B. from Georgetown University Law Center. We believe Mr. Litvack is qualified to serve on our board of directors due to his substantial
knowledge of corporate and legal matters, including a broad background in corporate litigation, where he handled a wide array of complex
matters.

Number and Terms of Office of Officers and Directors

Our board of directors will consist of five members
and will be divided into three classes with only one class of directors being appointed in each year, and with each class (except for
those directors appointed prior to our first annual general meeting) serving a three-year term. Prior to the closing of our initial business
combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or
continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional
documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a
jurisdiction outside the Cayman Islands). Holders of our public shares will not be entitled to vote on such matters during such time.
These provisions of our amended and restated memorandum and articles of association relating to these rights of holders of Class B
ordinary shares may be amended by a special resolution passed by the affirmative vote of at least 90% (or, where such amendment is proposed
in respect of the consummation of our initial business combination, two-thirds) of the votes cast by such shareholders as, being entitled
to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company. In accordance with
Nasdaq corporate governance requirements, we are not required to hold an annual general meeting until one year after our first fiscal
year end following our listing on Nasdaq. The term of office of the first class of directors, which will consist of Sanford Litvack, will
expire at our first annual general meeting. The term of office of the second class of directors, which will consist of Ali Bouzarif and
Kevin Gold, will expire at the second annual general meeting. The term of office of the third class of directors, which will consist of
Peter Yu and Rafael de