Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 38

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 38
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 per                                                                                                                                
 share, subject to adjustments as described herein. In addition, if (x) we issue additional Class A ordinary shares or equity-linked       
 securities for capital raising purposes in connection with the closing of our initial business combination at an issue price or effective 
 issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in             
 good faith by our board of directors and, in the case of any such issuance to our initial shareholders or their affiliates, without       
 taking into account any founder shares held by our initial shareholders or such affiliates, as applicable, prior to such issuance)        
 (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the                           
 total equity proceeds (including from such issuances and this offering), and interest thereon, available for the funding of our initial   
 business combination on the date of the consummation of our initial business combination (net of redemptions), and (z) the volume         
 weighted average trading price of our Class A ordinary shares during the 20 trading day period starting on the trading day                
 prior to the day on which we consummate our initial business combination (such price, the “Market Value”) is below                        
 $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher         
 of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described below under “Redemption       
 of warrants when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent)                    
 to be equal to 180% of the higher of the Market Value and the Newly Issued Price.                                                         |

<div align='center'>16</div>

| Exercise                                            
 period:                                             |     | The warrants will                                                                                                                         
 become exercisable 30 days after the completion of our initial business combination, provided that we have an effective registration      
 statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the warrants and a current prospectus   
 relating to them is available and such shares are registered, qualified or exempt from registration under the securities, or blue sky,    
 laws of the state of residence of the holder (or we permit holders to exercise their warrants on a cashless basis under the circumstances 
 specified in the warrant agreement). If and when the warrants become redeem