Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 80

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 80
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 of an investment opportunity in a target company as well as any potential price appreciation in the combined company
following a 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 until the earlier of the consummation of our initial business combination or our liquidation. As a result, following the liquidation of investments in the trust account, we would likely receive less interest on the funds held in the trust account, which would likely reduce the dollar amount our public shareholders would receive upon any redemption or liquidation.

The funds to be held in the trust account will,
following this offering, be initially held only in U.S. government treasury obligations with a maturity of 185 days or less,
in money market funds investing solely in U.S. government treasury obligations and meeting certain conditions under Rule 2a-7 under
the Investment Company Act and in cash or cash like items (including demand deposit accounts) at a bank. However, to mitigate the risk
of us being deemed to be an unregistered investment company (including under the subjective test of Section 3(a)(1)(A) of the
Investment Company Act) and thus subject to regulation under the Investment Company Act, 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 Continental
Stock Transfer & Trust Company, the trustee with respect to the trust account, to liquidate the U.S. government treasury
obligations or money market funds held in the trust account and thereafter to hold all funds in the trust account in cash or in an interest
bearing demand deposit account at a bank until the earlier of the consummation of our initial business combination or our liquidation.
Following such liquidation, we would likely receive less interest on the funds held in the trust account than we would earn if the trust
account remained invested in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds
investing solely in U.S. government treasury obligations and meeting certain conditions under Rule 2a