Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 284

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 284
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 made due enquiry, they are of the opinion that the following requirements have been met: (i) that the foreign company is
able to pay its debts as they fall due and that the merger or consolidation is bona fide and not intended to defraud unsecured creditors
of the foreign company; (ii) that in respect of the transfer of any security interest granted by the foreign company to the surviving
or consolidated company (A) consent or approval to the transfer has been obtained, released or waived; (B) the transfer is
permitted by and has been approved in accordance with the constitutional documents of the foreign company; and (C) the laws of the
jurisdiction of the foreign company with respect to the transfer have been or will be complied with; and (iii) that the foreign
company will, upon the merger or consolidation becoming effective, cease to be incorporated, registered or exist under the laws of the
relevant foreign jurisdiction.

The Companies Law provides for a right of dissenting
shareholders to be paid the fair value of their shares upon their dissenting to the merger or consolidation in certain circumstances
if they follow a prescribed procedure. In essence, where such rights apply, that procedure is as follows: (i) the shareholder must
give his written objection to the merger or consolidation to the constituent company before the vote on the merger or consolidation,
including a statement that the shareholder proposes to demand payment for their shares if the merger or consolidation is authorized by
the vote; (ii) within 20 days following the date on which the merger or consolidation is authorized by the shareholders, the
constituent company must give written notice to each shareholder who made a written objection; (iii) a shareholder must within 20 days
following receipt of such notice from the constituent company, give the constituent company a written notice of his intention to dissent
including, among other details, a demand for payment of the fair value of their shares; (iv) within seven days following the
date of the expiration of the period set out in paragraph (ii) above or seven days following the date on which the plan of
merger or consolidation is filed, whichever is later, the constituent company, the surviving company or the consolidated company must
make a written offer to each dissenting shareholder to purchase their shares at a price that the company determines is the fair value
and if the company and the shareholder agree the price within 30 days following the date on which the offer was made, the company
must pay the shareholder such