Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 322

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 322
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.S. financial institution. Persons who are required to report specified foreign
financial assets and fail to do so may be subject to substantial penalties, and the period of limitations on assessment and collection
of United States federal income taxes may be extended in the event of a failure to comply. Potential investors are urged to consult
their tax advisors regarding the specified foreign financial asset and other reporting obligations and their application to an investment
in our units, Class A ordinary shares and warrants.

Non-U.S. Holders

This section applies to you if you are a “Non-U.S. Holder.”
As used herein, the term “Non-U.S. Holder” means a beneficial owner of our units, Class A ordinary shares or warrants
that is for United States federal income tax purposes:

| · | a                                                                                                    
 non-resident alien individual (other than certain former citizens and residents of the United States 
 subject to U.S. tax as expatriates);                                                                 |

| · | a                       
 foreign corporation; or |

| · | an                                         
 estate or trust that is not a U.S. Holder; |

but generally does not include an individual
who is present in the United States for 183 days or more in the taxable year of the disposition of our units, Class A
ordinary shares or warrants. If you are such an individual, you should consult your tax advisor regarding the United States federal
income tax consequences of the acquisition, ownership and disposition of our securities.

The characterization for United States federal
income tax purposes of distributions of cash or other property on a Non-U.S. Holder’s Class A ordinary shares generally
will correspond to the United States federal income tax characterization of such distributions of a U.S. Holder’s Class A
ordinary shares, as described under “— U.S. Holders — Taxation of Distributions” above.

Dividends (including, as described under “— U.S. Holders — Possible Constructive Distributions” above, constructive distributions treated as dividends) paid or deemed paid to a Non-U.S. Holder
in respect of our Class A ordinary shares or warrants generally will not be subject to United States federal income tax, unless
the dividends are effectively connected with the Non-U.S. Holder’s conduct of a trade or business within the United States
(and, if required by an applicable income tax treaty, are attributable to a permanent establishment or fixed base that such Non-U.S. Holder
maintains in the United States) as discussed below. In addition, a Non-U.S. Holder generally will not