Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 64

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 64
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 memorandum and articles of association to extend the date by which we must consummate our initial
business combination. However, we may decide not to seek to extend the date by which we must consummate our initial business combination.
If we do not seek to extend the date by which we must consummate our initial business combination, and we are unable to consummate our
initial business combination within the completion window, we will (i) cease all operations except for the purpose of winding up,
(ii) as promptly as reasonably possible but not more than ten business days thereafter (and subject to lawfully available
funds therefor), redeem the public shares, at a per share price, payable in cash, equal to the aggregate amount then on deposit in the
trust account, including interest earned on the funds held in the trust account (which interest shall be net of taxes payable, but without
deduction for any excise or similar tax that may be due or payable, and less up to $100,000 of interest to pay dissolution expenses),
divided by the number of then-outstanding public shares, which redemption will completely extinguish public shareholders’ rights
as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as
promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors,
liquidate and dissolve, subject in each case, to our obligations under Cayman Islands law to provide for claims of creditors and the requirements
of other applicable law. In such event, the warrants may be worthless.

If we seek shareholder approval of our initial business combination, our initial shareholders, directors, officers or their affiliates may elect to purchase shares or public warrants from public shareholders, which may influence a vote on a proposed business combination and reduce the public “float” of our Class A ordinary shares or public warrants.

If we seek shareholder approval of our initial
business combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer
rules, our initial shareholders, directors, officers or their affiliates may purchase public shares or warrants in privately negotiated
transactions or in the open market either prior to or following the completion of our initial business combination, although they are
under no obligation or duty to do so. Such a purchase may include a contractual acknowledgment that such shareholder, although still the
record holder of our shares, is no longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights. In