Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 329

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 329
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 until 30 days after the completion of our initial business combination (except with respect to
permitted transferees as described herein under “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Warrants”). Except in certain limited circumstances, no member of our sponsor may transfer all
or any portion of its membership interests in our sponsor.

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Cantor (and/or its designees) has also committed
to purchase from us 2,000,000 private placement warrants at $1.00 per warrant for an aggregate purchase price of $2,000,000. The private
placement warrants (including the Class A ordinary shares issuable upon exercise of such warrants) will not be transferable, assignable
or saleable until 30 days after the consummation of our initial business combination (except with respect to permitted transferees
as described herein under “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Warrants”) and the private placement warrants held by Cantor will not be exercisable more than five years from
the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). The purchase of the private placement warrants
will take place on a private placement basis simultaneously with the consummation of this offering. Such private placement warrants will
be considered underwriting compensation in connection with this offering. Such private placement warrants will be subject to lock-up
restrictions, as required by FINRA Rule 5110(e)(1), and may not be sold during the offering, or sold, transferred, assigned,
pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective
economic disposition of such securities by any person, for a period of 180 days immediately from the commencement of sales of the
offering, except as provided in FINRA Rule 5110(e)(2). Cantor is entitled under the registration rights agreement to demand and
“piggy-back” resale registration rights. Cantor may not exercise its demand and “piggy-back” registration rights
after five and seven years, respectively, from the commencement of sales in this offering and may not exercise its demand rights
on more than one occasion.

Prior to this offering, there has been no public
market for our securities. Consequently, the initial public offering price for the units was determined by negotiations between us and
the representative. The determination of our