Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 93

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 93
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000 private placement warrants and Cantor has agreed to purchase 2,000,000 private
placement warrants. The private placement warrants will be worthless if we do not complete our initial business combination. The personal
and financial interests of our officers and directors may influence their motivation in identifying and selecting a target business combination,
completing an initial business combination and influencing the operation of the business following the initial business combination.
This risk may become more acute as the end of the completion window nears, which is the deadline for our completion of an initial business
combination.

Our independent directors have a financial interest in our founder shares through DirectorCo. They acquired that interest at no cost. As a result, our independent directors have a financial interest in consummating an initial business combination, even if our shares decline in value after that business combination and our public shareholders experience losses in connection with their investment. However, if we do not consummate our initial business combination, the founder shares would be worthless. The financial interest of our independent directors in the founder shares may give rise to a potential conflict of interest in considering potential target businesses. You should consider this potential conflict of interest in deciding whether to invest in this offering and whether to redeem your shares at the time of our initial business combination.

Pursuant to certain subscription agreements dated
October 29, 2024, on November 12, 2024, our sponsor and DirectorCo purchased an aggregate of 5,750,000 founder shares for a
purchase price of $25,000, or approximately $0.004 per share. Our independent directors are members of DirectorCo and have a financial
interest in DirectorCo’s founder shares. Our independent directors acquired that membership interest at no cost. Consequently,
our independent directors may profit substantially if we consummate our initial business combination, even if our share price declines
in value after that business combination and our public shareholders, who typically have purchased their units or shares for prices at
or about $10.00 each, experience significant losses in connection with their investment. If we fail to consummate an initial business
combination, however, the founder shares will be worthless, although in contrast our public shareholders will receive a pro rata distribution
of the aggregate amount then on deposit in the trust account. As a result, the financial interest of our independent directors in our
founder shares may prompt them to consider an initial business combination with a risky target business and/or on terms that may not
be favorable to our public shareholders, particularly as the end