Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 267

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 267
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 corporate governance
requirements, we are not required to hold an annual general meeting until one year after our first fiscal year end following our listing
on Nasdaq. There is no requirement under the Companies Act for us to hold annual or general meetings or appoint directors other than to
ensure that the company has at least one director at all times. We may not hold an annual general meeting to appoint new directors prior
to the consummation of our initial business combination.

We will provide our public shareholders with the
opportunity to redeem all or a portion of their public shares, regardless of whether they abstain, vote for, or vote against, our initial
business combination, upon the completion of our initial business combination at a per share price, payable in cash, equal to the aggregate
amount then on deposit in the trust account calculated as of two business days prior to the consummation of our initial business
combination, including interest earned on the funds held in the trust account (less taxes payable, but without deduction for any excise
or similar tax that may be due or payable), divided by the number of then-outstanding public shares, subject to the limitations and on
the conditions described herein. The amount in the trust account is initially anticipated to be $10.00 per public share. The per share
amount we will distribute to investors who properly redeem their shares will not be reduced by the deferred underwriting commissions we
will pay to the underwriters. Our initial shareholders, officers and directors have entered into letter agreements with us, pursuant to
which they have agreed to waive their redemption rights with respect to their founder shares and any public shares they may hold in connection
with the completion of our initial business combination.

Unlike many SPACs that hold shareholder votes
and conduct proxy solicitations in conjunction with their initial business combinations and provide for related redemptions of public
shares for cash upon completion of such initial business combinations even when a vote is not required by law, if a shareholder vote is
not required by law and we do not decide to hold a shareholder vote for business or other legal reasons, we will, pursuant to our amended
and restated memorandum and articles of association, conduct the redemptions pursuant to the tender offer rules of the SEC, and file
tender offer documents with the SEC prior to completing our initial business combination. Our amended and restated memorandum and articles
of association require these tender offer documents to contain substantially the same financial and other information about our initial
business combination and the redemption rights as