Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 257

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 257
---
 B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the ownership of
founder shares by our initial shareholders at 20% of our issued and outstanding ordinary shares upon the consummation of this offering.

Ordinary shareholders of record are entitled
to one vote for each share held on all matters to be voted on by shareholders. However, only holders of Class B ordinary shares
will have the right to (i) appoint or remove directors in any election held prior to or in connection with the completion of our
initial business combination, meaning that holders of Class A ordinary shares will not have the right to vote to appoint any directors
until after the completion of our initial business combination and (ii) continue 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). The provisions
of our amended and restated memorandum and articles of association governing these matters prior to our initial business combination
may only 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. On any other matter submitted
to a vote of our shareholders prior to or in connection with the completion of our initial business combination, holders of Class A
ordinary shares and holders of Class B ordinary shares will vote together as a single class on all matters submitted to a vote of
our shareholders except as required by law. Unless otherwise specified in our amended and restated memorandum and articles of association,
or as required by applicable provisions of the Companies Act or applicable stock exchange rules, the affirmative vote of a majority of
our ordinary shares that are represented in person or by proxy and are voted is required to approve any such matter voted on by our shareholders.
Approval of certain actions will require a special resolution under Cayman Islands law, which (except as outlined above) requires the
affirmative vote of at least 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