Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 322

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 322
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4,000,000 in the aggregate (whether or not               
 the underwriters’ option to purchase additional units is exercised), payable to the underwriters upon the closing of this offering.         
 Also includes $0.45 per unit on units sold in this offering other than those sold pursuant to the underwriters’ option to purchase          
 additional units and $0.65 per unit on units sold in this offering pursuant to the underwriters’ option to purchase additional              
 units, or $9,000,000 in the aggregate (or up to $10,950,000 in the aggregate if the underwriters’ over-allotment option is                  
 exercised in full), payable to the underwriters for deferred underwriting commissions to be placed in a U.S.-based trust account            
 and released to Cantor Fitzgerald & Co. for its own account only upon the completion of an initial business combination.                    |
| (2) | Additionally, Cantor (and/or its designees) has                                                                                             
 also committed to purchase from us 2,000,000 private placement warrants at $1.00 per warrant for an aggregate purchase price of $2,000,000. 
 Such private placement warrants will be considered underwriting compensation in connection with this offering.                              |

If we do not complete our initial business combination
within the completion window and subsequently liquidate, the trustee and the underwriters have agreed that (i) they will forfeit
any rights or claims to their deferred underwriting discounts and commissions, including any accrued interest thereon, then in the trust
account upon liquidation, and (ii) that the deferred underwriting discounts and commissions will be distributed on a pro rata basis,
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), to the public shareholders.

<div align='center'>167</div>

Stabilization and Other Transactions

The underwriters pursuant to Regulation M
under the Exchange Act may engage in short sale transactions, stabilizing transactions, syndicate covering transactions or the imposition
of penalty bids in connection with this offering. These activities may have the effect of stabilizing or maintaining the market price
of the units at a level above that which might otherwise prevail in the open market. Establishing short sales positions may involve either
“covered” short sales or “naked” short sales.

“Covered” short sales are sales made
in an amount not greater than the underwriters’ option to