Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 106

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 106
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 such companies currently in registration. As
a result, at times, fewer attractive targets may be available to consummate an initial business combination.

In addition, because there are more SPACs seeking
to enter into an initial business combination with available targets, the competition for available targets with attractive fundamentals
or business models may increase, which could cause target companies to demand improved financial terms. Attractive deals could also become
scarcer for other reasons, such as economic or industry sector downturns (including a negative public perception of mergers involving
SPACs), geopolitical tensions, or increases in the cost of additional capital needed to close business combinations or operate targets
post-business combination. This could increase the cost of, delay or otherwise complicate or frustrate our ability to find and consummate
an initial business combination and may result in our inability to consummate an initial business combination on terms favorable to our
investors altogether.

Adverse developments affecting the financial services industry, including events or concerns involving liquidity, defaults or non-performance by financial institutions, could adversely affect our business, financial condition or results of operations, or our prospects.

The funds in our operating account and our trust
account will initially be held in banks or other financial institutions and will be invested only in U.S. government treasury obligations
with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment
Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets in this form is intended
to be temporary and for the sole purpose of facilitating the intended business combination. To mitigate the risk that we might be deemed
to be an investment company for purposes of the Investment Company Act, which risk increases the longer that we hold investments in the
trust account, we may, at any time (based on our management team’s ongoing assessment of all factors related to our potential status
under the Investment Company Act), instruct the trustee to liquidate the investments 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. Our cash held in these accounts may exceed
any applicable FDIC insurance limits. Should events, including limited liquidity, defaults, non-performance or other adverse developments
occur with respect to the banks or other financial institutions that hold our funds, or that affect financial institutions or the financial
services industry generally, or concerns or rumors about any events of these kinds or other similar risks