Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 3

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 3
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), divided by the number of then-outstanding public shares, subject to the limitations
and on the conditions described herein. See “Summary — The Offering — Redemption rights for public shareholders upon completion of our initial business combination” and “ Summary — The Offering — Redemption of public shares and distribution and liquidation if no initial business combination” for more information.

Notwithstanding the foregoing redemption rights,
if we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our initial
business combination pursuant to the tender offer rules, our amended and restated memorandum and articles of association provide that
a public shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert
or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended), will be restricted
from redeeming its shares with respect to more than an aggregate of 15% of the shares sold in this offering without our prior consent.
However, we would not be restricting our shareholders’ ability to vote all of their shares (including all shares held by those
shareholders that hold more than 15% of the shares sold in this offering) for or against our initial business combination. See “ Summary — The Offering — Limitation on redemption rights of shareholders holding 15% or more of the shares sold in this offering if we hold shareholder vote” for further discussion on certain limitations on redemption rights.

Our sponsor, CGC III Sponsor LLC (our “sponsor”),
and Cantor Fitzgerald & Co. (“Cantor”), the representative of the underwriters, have committed to purchase an aggregate
of 6,000,000 private placement warrants, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a
price of $1.00 per private placement warrant, or $6,000,000 in the aggregate, in a private placement that will close simultaneously with
the closing of this offering. Of those 6,000,000 private placement warrants, our sponsor has agreed to purchase 4,000,000 private
placement warrants and Cantor has agreed to purchase 2,000,000 private placement warrants. Each private placement warrant is exercisable
to purchase one Class A ordinary share at $11.50 per share. If the private placement warrants become exercisable on a cashless basis,
the exercise of such warrants may result in material dilution to our public shareholders.

Our initial shareholders, comprising our sponsor