Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 56

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 56
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orandum and articles of association provide that, if we seek shareholder approval of an initial business combination, such initial
business combination will be approved if we receive an ordinary resolution under Cayman Islands law and our amended and restated memorandum
and articles of association, which requires the affirmative vote of at least a majority of the votes cast by such shareholders as, being
entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company. As a result,
in addition to our initial shareholders’ founder shares, we would need 7,500,001, or 37.5%, of the 20,000,000 public shares sold
in this offering to be voted in favor of an initial business combination in order to have our initial business combination approved,
assuming all outstanding shares are voted, the underwriters’ over-allotment option is not exercised and the parties to the letter
agreements do not acquire any public shares. Assuming that only the holders of one-third of our issued and outstanding ordinary shares,
representing a quorum under our amended and restated memorandum and articles of association, vote their ordinary shares at a general
meeting of the company, we may not need any public shares in addition to our founder shares to be voted in favor of an initial business
combination in order to approve an initial business combination. However, if our initial business combination is structured as a statutory
merger or consolidation with another company under Cayman Islands law, the approval of our initial business combination will require
a special resolution, which requires the affirmative vote of at least two-thirds of the votes cast by such shareholders as, being entitled
to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company. Accordingly, if we
seek shareholder approval of our initial business combination, the agreement by our initial shareholders and management team to vote
in favor of our initial business combination (aside from shares they may purchase in compliance with the requirements of Rule 14e-5
under the Exchange Act, which would not be voted in favor of approving the business combination transaction) will increase the likelihood
that an ordinary resolution will be passed, being the requisite shareholder approval for such initial business combination.

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Your only opportunity to effect your investment decision regarding a potential business combination may be limited to the exercise of your right to redeem your shares from us for cash.

At the time of your investment in us, you