Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 48

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 48
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 offering, in order to, among other    
 reasons, satisfy such net tangible assets or minimum cash requirements.                                                                     |
| Limitation                                                                                                                
 on redemption rights of shareholders holding 15% or more of the shares sold in this offering if we hold shareholder vote: |     | Notwithstanding the foregoing redemption rights, if we seek shareholder approval of our initial business                                    
 combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules,       
 our amended and restated memorandum and articles of association provide that a public shareholder, together with any affiliate of such      
 shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13                
 of the Exchange Act), will be restricted from redeeming its shares with respect to more than an aggregate of 15% of the shares sold         
 in this offering without our prior consent. We believe the restriction described above will discourage shareholders from accumulating       
 large blocks of shares, and subsequent attempts by such holders to use their ability to redeem their shares as a means to force us or       
 our management to purchase their shares at a significant premium to the then-current market price or on other undesirable terms. Absent     
 this provision, a public shareholder holding more than an aggregate of 15% of the shares sold in this offering could threaten to exercise   
 its redemption rights against a business combination if such holder’s shares are not purchased by us, our initial shareholders              
 or our management at a premium to the then-current market price or on other undesirable terms. By limiting our shareholders’ ability        
 to redeem to no more than 15% of the shares sold in this offering, we believe we will limit the ability of a small group of shareholders    
 to unreasonably attempt to block our ability to complete our initial business combination, particularly in connection with a business       
 combination with a target that requires as a closing condition that we have a minimum net worth or a certain amount of cash. However,       
 we would not be restricting our shareholders’ ability to vote all of their shares (including all shares held by those shareholders          
 that hold more than 15% of the shares sold in this offering) for or against our initial business combination.                               |

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| Release                                                                               
 of funds in trust account on closing of our initial business combination:             |     | On the completion                                                                                                                            
 of our initial business combination, the funds held in the trust account will be used to pay amounts due to any public shareholders who