Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 172

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 172
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with such target business, would be attractive to our shareholders. We have conducted no operations and have generated no revenues to
date, and we will not generate operating revenues until, at the earliest, after we consummate our initial business combination.

While we may pursue our initial business combination
in any business industry or sector, we intend to focus on seeking high-growth businesses with proven or potential transnational operations
or outlooks in order to capitalize on the experience, reputation, and network of our management team. Furthermore, we intend to seek target
businesses where we believe we will have an opportunity to drive ongoing value creation after our initial business combination is completed,
as our management team has done with multiple investments over a wide range of sectors, industries and geographical locations.

Although we anticipate acquiring a target business
that is an operating business, we are not obligated to do so and may determine instead to merge with or acquire a company with no operating
history if the terms of the transaction are determined by us to be favorable to our public shareholders and the target business has a
fair market value of at least 80% of the assets held in the trust account (excluding the deferred underwriting commissions and taxes payable,
if any, on the income accrued on the trust account) at the time of our signing a definitive agreement in connection with our initial business
combination. In such event, investors would not have the benefit of basing the decision on whether to remain with our company following
such transaction on the past operations of such target business. Furthermore, in such a situation, many of the acquisition criteria and
guidelines set forth in this prospectus may be rendered irrelevant. If we do not obtain a fairness opinion from an independent investment
banking firm or another independent entity that commonly renders valuation opinions with respect to such criteria, the fair market value
of such a target would be determined by our board of directors based upon one or more standards generally accepted by the financial community,
such as actual and potential sales, earnings, cash flow and/or book value, discounted cash flow valuation or value of comparable businesses.
We can provide no assurances that our management team’s expertise will guarantee a successful initial business combination. In addition,
our management team is not required to devote a significant or certain amount of time to our businesses and our management team is currently
devoting time to, and is involved with, other businesses.

The past performance of our management team and
their affiliates is not a guarantee (i) that we will be able to identify a suitable candidate for our