Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 280

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 280
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ing shareholder would have no rights comparable to dissenters’ rights or appraisal
rights (providing rights to receive payment in cash for the judicially determined value of the shares), which would otherwise ordinarily
be available to dissenting shareholders of United States corporations.

Squeeze-out Provisions.When a takeover offer is made and accepted by holders of 90% in value of the shares to whom the offer relates
within four months, the offeror may, within a two-month period after the expiration of the initial four-month period, require the
holders of the remaining shares to transfer such shares on the terms of the offer. An objection can be made to the Grand Court of the
Cayman Islands, but this is unlikely to succeed unless there is evidence of fraud, bad faith, collusion or inequitable treatment of the
shareholders.

Further, transactions similar to a merger, reconstruction
and/or an amalgamation may in some circumstances be achieved through means other than these statutory provisions, such as a share capital
exchange, asset acquisition or control, or through contractual arrangements of an operating business.

Shareholders’ Suits.Maples and Calder, our Cayman Islands legal counsel, is not aware of any reported class action having been brought
in a Cayman Islands court. Derivative actions have been brought in the Cayman Islands courts, and the Cayman Islands courts have confirmed
the availability of such actions. In most cases, we will be the proper plaintiff in any claim based on a breach of duty owed to us, and
a claim against (for example) our officers or directors usually may not be brought by a shareholder. However, based both on Cayman Islands
authorities and on English authorities, which would in all likelihood be of persuasive authority and be applied by a court in the Cayman
Islands, exceptions to the foregoing principle apply in circumstances in which:

| · | a                                                                                       
 company is acting, or proposing to act, illegally or beyond the scope of its authority; |

| · | the                                                                                          
 act complained of, although not beyond the scope of the authority, could be effected if duly 
 authorized by more than the number of votes which have actually been obtained; or            |

| · | those                                                               
 who control the company are perpetrating a “fraud on the minority.” |

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A shareholder may have a direct right of action
against us where the individual rights of that shareholder have been infringed or are about to be infringed.

Enforcement of