Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 114

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 114
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 with which to consummate our initial business combination and if we effect our initial business combination,
the ability of that target business to become profitable.

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Risks Relating to our Management Team

We are dependent upon our officers and directors and their loss, or a reduction in the amount of time they can dedicate to our initial business combination, could adversely affect our ability to operate.

Our operations are dependent upon a relatively
small group of individuals and, in particular, Peter Yu, our Chairman and Chief Executive Officer, Rafael de Luque, our Chief Financial
Officer and a member of our board, and team members of Cartesian, including Beth Michelson, Gregory Armstrong, Paul Hong, Martin Biely,
Nam Trinh, Chris Moon, and Daisy Vu. We believe that our success depends on the continued service of our officers and directors, at least
until we have completed our initial business combination. In addition, our officers and directors are not required to commit any specified
amount of time to our affairs and, accordingly, will have conflicts of interest in allocating their time among various business activities,
including identifying potential business combinations and monitoring the related due diligence. We do not have an employment agreement
with, or key-man insurance on the life of, any of our directors or officers. The unexpected loss of the services of one or more of our
directors or officers could have a detrimental effect on us.

The ownership interest of our sponsor may change, and our sponsor may divest its ownership interest in us before identifying a business combination, which could deprive us of key personnel.

Our sponsor is a limited liability company and
the sole managing member of DirectorCo. Pangaea Three-B, LP is the sole member of our sponsor and is controlled by Peter Yu, our Chairman
and Chief Executive Officer. Consequently, each of Pangaea Three-B, LP and Mr. Yu may be deemed to share voting and dispositive
control over the founder shares held by our sponsor and DirectorCo, and thus to share beneficial ownership of such securities. Additionally,
each of our independent directors holds a membership interest in DirectorCo. However, this may change as there is no contractual restriction
on our sponsor or Mr. Yu’s ability to share, sell or otherwise dispose of part or all of the interests in our sponsor or held
by our sponsor. As a result, there is a risk that our sponsor (or Mr. Yu) may divest the ownership or economic interests in us,
our sponsor or DirectorCo controlled by