Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 58

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 58
---
 therefore will need to
structure the transaction based on our expectations as to the number of shares that will be submitted for redemption. If our initial
business combination agreement requires us to use a portion of the cash in the trust account to pay the purchase price, or requires us
to have a minimum amount of cash at closing, we will need to reserve a portion of the cash in the trust account to meet such requirements,
or arrange for third party financing. In addition, if a larger number of shares are submitted for redemption than we initially expected,
we may need to restructure the transaction to reserve a greater portion of the cash in the trust account or arrange for third party financing.
Raising additional third party financing may involve dilutive equity issuances or the incurrence of indebtedness at higher than desirable
levels. Furthermore, this dilution would increase to the extent that the anti-dilution provision of the Class B ordinary shares
results in the issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion of the Class B ordinary
shares at the time of our initial business combination. In addition, the amount of the deferred underwriting compensation payable to
the underwriters will not be adjusted for any shares that are redeemed in connection with an initial business combination. The per share
amount we will distribute to shareholders who properly exercise their redemption rights will not be reduced by the deferred underwriting
compensation and after such redemptions, the amount held in trust will continue to reflect our obligation to pay the entire deferred
underwriting compensation. The above considerations may limit our ability to complete the most desirable business combination available
to us or optimize our capital structure. As a result, our obligations to redeem public shares for which redemption is requested and to
pay the deferred underwriting commissions may not allow us to complete the most desirable business combination or optimize our capital
structure.

In addition, raising additional third-party financing
may involve dilutive equity issuances or the incurrence of indebtedness at higher than desirable levels. Furthermore, this dilution would
increase to the extent that the anti-dilution provisions of the Class B ordinary shares result in the issuance of Class A ordinary
shares on a greater than one-to-one basis upon conversion of the Class B ordinary shares at the time of our business combination.
The above considerations may limit our ability to complete the most desirable business combination available to us or optimize our capital
structure and may result in substantial dilution from your purchase of our Class A ordinary shares. The effect of this dilution