Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 226

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 226
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Comparison of This Offering to Those of Blank Check Companies Subject to Rule 419

The following table compares the terms of this
offering to the terms of an offering by a blank check company subject to the provisions of Rule 419. This comparison assumes that
the gross proceeds, underwriting commissions and underwriting expenses of our offering would be identical to those of an offering undertaken
by a company subject to Rule 419, and that the underwriters will not exercise their over-allotment option. None of the provisions
of Rule 419 apply to our offering.

|                                                |     | Terms of Our Offering                                                                                                                       |     | Terms Under a Rule 419 Offering                                                                                                           |
| Escrow                                         
 of offering proceeds                           |     | $200,000,000 of the net                                                                                                                     
 proceeds of this offering and the sale of the private placement warrants will be deposited into a U.S.-based trust account with Continental 
 Stock Transfer & Trust Company acting as trustee.                                                                                           |     | Approximately $168,300,000                                                                                                                
 of the offering proceeds, representing the gross proceeds of this offering, would be required to be deposited into either an escrow       
 account with an insured depositary institution or in a separate bank account established by a broker-dealer in which the broker-dealer    
 acts as trustee for persons having the beneficial interests in the account.                                                               |
| Investment                                     
 of net proceeds                                |     | $200,000,000 of the net                                                                                                                     
 proceeds of this offering and the sale of the private placement warrants held in trust will initially be invested only in U.S. government   
 treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under          
 the Investment Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets in                 
 this form is intended to be temporary and for the sole purpose of facilitating the intended business combination. To mitigate the           
 risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer        
 that we hold investments in the trust account, we may, at any time (based on our management team’s ongoing assessment of all                
 factors related to our potential status under the Investment Company Act), instruct the trustee to liquidate the investments held           
 in the trust account and instead to hold the funds in the trust account in cash or in an interest bearing demand deposit account            
 at a bank.                                                                                                                                  |     | Proceeds could