Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 42

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 42
---
 do so, vote in person or, where proxies are allowed,          
 by proxy at the applicable general meeting of the company. In such case, our initial shareholders, officers and directors have agreed          
 to vote their founder shares and any public shares purchased during or after this offering (including in open market and privately-negotiated  
 transactions, 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) in favor of our initial business combination. 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 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.                                                                                           |
| Private             
 placement warrants: |     | Our sponsor and Cantor have                                                                                                                    
 committed, pursuant to written agreements, to purchase an aggregate of 6,000,000 private placement warrants, each exercisable to purchase      
 one Class A ordinary share at $11.50 per share, at a price of $1.00 per private placement warrant, or $6,000,000 in the aggregate,             
 in a private placement that will close simultaneously with the closing of this offering. Of those 6,000,000 private placement warrants,        
 our sponsor has agreed to purchase 4,000,000 private placement warrants and Cantor has agreed to purchase 2,000,000 private placement          
 warrants. The private placement warrants will also be worthless if we do not complete our initial business combination. A portion of           
 the purchase price of the private placement warrants will be added to the proceeds from this offering to be held in the trust account          
 such that at the time of closing of this offering $200,000,000 (or $230,000,