Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 154

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 154
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 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’ rights or pre-initial business            
 combination activity.                                                                             |

The net proceeds released to us from the trust
account upon the closing of our initial business combination may be used as consideration to pay the sellers of a target business with
which we complete our initial business combination. If our initial business combination is paid for using equity or debt securities,
or not all of the funds released from the trust account are used for payment of the consideration in connection with our initial business
combination, we may use the balance of the cash released from the trust account following the closing for general corporate purposes,
including for maintenance or expansion of operations of the post-transaction company, the payment of principal or interest due on indebtedness
incurred in completing our initial business combination, to fund the purchase of other companies or for working capital. There is no
limitation on our ability to raise funds through the issuance of equity-linked securities or through loans, advances or other indebtedness
in connection with our initial business combination, including pursuant to forward purchase agreements or backstop arrangements we may
enter into following consummation of this offering. However, our amended and restated memorandum and articles of association provide
that, following this offering and prior to the consummation of our initial business combination, except in connection with the conversion
of Class B ordinary shares into