Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 153

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 153
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 legal counsel.          
 In addition, our staffing needs may vary and as a result, we may engage a number of consultants    
 to assist with legal and financial due diligence. We do not anticipate any change in our           
 intended use of proceeds, other than fluctuations among the current categories of allocated        
 expenses, which fluctuations, to the extent they exceed current estimates for any specific         
 category of expenses, would not be available for our expenses. The amount in the table above       
 does not include interest available to us from the trust account.                                  |

| (5) | The estimate for office space and administrative                                                  
 support is for twelve (12) months only. Nasdaq rules provide that at least 90%                    
 of the gross proceeds from this offering and the sale of the private placement warrants be        
 deposited in a trust account. Of the $206,000,000 in gross proceeds we receive from this          
 offering and the sale of the private placement warrants described in this prospectus, or          
 $236,000,000 if the underwriters’ over-allotment option is exercised in full, $200,000,000        
 ($10.00 per unit), or $230,000,000 if the underwriters’ over-allotment option is exercised        
 in full ($10.00 per unit), will be placed in a U.S.-based trust account with Continental          
 Stock Transfer & Trust Company acting as trustee, after deducting $4,000,000 in                   
 underwriting discounts and commissions payable upon the closing of this offering and an aggregate 
 of $2,000,000 to pay fees and expenses in connection with the closing of this offering and        
 for working capital following the closing of this offering. The proceeds held in the trust        
 account will initially be invested only in U.S. government treasury obligations with              
 a maturity of 185 days or less or in money market funds meeting certain conditions under          
 Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government            
 treasury obligations; the holding of these assets in this form is intended to be temporary        
 and for the sole purpose of facilitating the intended business combination. To mitigate the       
 risk that we might be deemed to be an investment company for purposes of the Investment Company   
 Act, which risk increases the longer that we hold investments in the trust account, we may,       
 at any time (based on our management team’s ongoing assessment of all factors related             
 to our potential status under the Investment Company Act), instruct the trustee to liquidate      
 the investments