Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 308

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 308
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 which the dividend was paid or in the previous year, and (iii) certain other requirements, including holding period requirements,
are met. It is unclear, however, whether certain redemption rights described in this prospectus may suspend the running of the applicable
holding period of the Class A ordinary shares for this purpose. U.S. Holders should consult their tax advisors regarding the
availability of such lower rate for any dividends paid with respect to our Class A ordinary shares.

Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Class A Ordinary Shares and Warrants

Subject to the PFIC rules discussed below,
a U.S. Holder generally will recognize capital gain or loss on the sale or other taxable disposition of our Class A ordinary
shares or warrants (including a redemption of our Class A ordinary shares (as described below) or warrants that is treated as a
taxable disposition, including pursuant to our dissolution and liquidation if we do not consummate an initial business combination within
the required time period). Any such capital gain or loss generally will be long-term capital gain or loss if the U.S. Holder’s
holding period for such Class A ordinary shares or warrants exceeds one year. Long-term capital gain realized by a non-corporate
U.S. Holder may be taxed at reduced rates of taxation. It is unclear, however, whether certain redemption rights described in this
prospectus may suspend the running of the applicable holding period of the Class A ordinary shares for this purpose. If the running
of the holding period for the Class A ordinary shares is suspended, then non-corporate U.S. Holders may not be able to satisfy
the one-year holding period requirement for long-term capital gain treatment, in which case any gain on a sale or other taxable disposition
of the Class A ordinary shares would be subject to short-term capital gain treatment and would be taxed at regular ordinary income
tax rates. The deductibility of capital losses is subject to certain limitations.

The amount of gain or loss recognized by a U.S. Holder
on a sale or other taxable disposition generally will be equal to the difference between (i) the sum of the amount of cash and the
fair market value of any property received in such disposition (or, if the Class A ordinary shares or warrants are held as part
of units at the time of the disposition, the portion of the amount realized on such disposition that is allocated to the Class A
ordinary shares or warrants based upon the then relative fair market values of the Class