Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 128

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 128
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 placement warrants (or $1.00 per warrant, and excluding private placement
warrants to be acquired by Cantor). Assuming a trading price of $10.00 per public share upon consummation of our initial business combination,
the 5,000,000 founder shares would have an aggregate implied value of $50,000,000. Even if the trading price of our ordinary shares was
as low as approximately $0.81 per share, and the private placement warrants are worthless, the value of the founder shares would be approximately
equal to our initial shareholders’ aggregate initial investment in us. As a result, our initial shareholders are likely to be able
to make a substantial profit on their investment in us at a time when our public shares have lost significant value. Accordingly, our
management team or our initial shareholders may be more willing to pursue a business combination with a riskier or less-established target
business than would be the case if our initial shareholders had paid the same per share price for the founder shares as our public shareholders
paid for their public shares in this offering.

The determination of the offering price of our units and the size of this offering is more arbitrary than the pricing of securities and size of an offering of an operating company in a particular industry. You may have less assurance, therefore, that the offering price of our units properly reflects the value of such units than you would have in a typical offering of an operating company.

Prior to this offering there has been no public
market for any of our securities. The public offering price of the units and the terms of the warrants were negotiated between us and
the underwriters. In determining the size of this offering, management held customary organizational meetings with the representative
of the underwriters, both prior to our inception and thereafter, with respect to the state of capital markets, generally, and the amount
the underwriters believed they reasonably could raise on our behalf. Factors considered in determining the size of this offering, prices
and terms of the units, including the Class A ordinary shares and warrants underlying the units, include:

| · | the history and prospects of companies whose principal business is the acquisition of other companies; |

| · | prior offerings of those companies; |

| · | our prospects for acquiring an operating business at attractive values; |

| · | a review of debt to equity ratios in leveraged transactions; |

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| · | our capital structure; |

| · | an assessment of our management and their experience in identifying