Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 152

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 152
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,000                 
 if the underwriters’ over-allotment option is exercised in full ($10.00 per unit), will be placed in a U.S.-based trust account                  
 with Continental Stock Transfer & Trust Company acting as trustee, after deducting $4,000,000 in underwriting discounts and commissions          
 payable upon the closing of this offering and an aggregate of $2,000,000 to pay fees and expenses in connection with the closing of this         
 offering and for working capital following the closing of this offering. The proceeds held in the trust account will initially be invested       
 only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions             
 under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations; the                           
 holding of these assets in this form is intended to be temporary and for the sole purpose of facilitating the intended 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. We expect that the interest earned on the trust account will be sufficient to pay income taxes. We will not be permitted to withdraw       
 any of the principal or interest held in the trust account, except for the withdrawal of interest to pay our taxes and up to $100,000            
 to pay dissolution expenses, as applicable, if any, until the earliest of (i) the completion of our initial business combination,                
 (ii) the redemption of our public shares if we are unable to complete our initial business combination within the completion window,             
 subject to applicable law, or (iii) the redemption of our public shares properly submitted in connection with a shareholder vote                 
 to approve an amendment to our amended and restated memorandum and articles of association (A) to modify the substance or timing                 
 of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we           
 have not consummated an initial business combination within the completion window or (B) with respect to any other material provisions           
 relating to shareholders’