Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 271

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 271
---
 shares, upon the completion of our initial business combination, subject to the limitations and on the
conditions described herein.

Founder Shares

The founder shares are designated as Class B
ordinary shares and, except as described below, are identical to the Class A ordinary shares included in the units being sold in
this offering, and holders of founder shares have the same shareholder rights as public shareholders, except that (i) the founder
shares are subject to certain transfer restrictions, as described in more detail below, (ii) the founder shares are entitled to registration
rights; (iii) our initial shareholders, officers and directors have entered into letter agreements with us, pursuant to which they
have agreed to (A) waive their redemption rights with respect to their founder shares and any public shares they may hold in connection
with the completion of our initial business combination, (B) waive their redemption rights with respect to their founder shares and
any public shares they may hold in connection with a shareholder vote to approve an amendment to our amended and restated memorandum and
articles of association (I) to modify the substance or timing of our obligation to allow redemption in connection with our initial
business combination or to redeem 100% of our public shares if we have not consummated an initial business combination within the completion
window or (II) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination
activity, (C) waive their rights to liquidating distributions from the trust account with respect to their founder shares if we fail
to complete our initial business combination within the completion window, although they will be entitled to liquidating distributions
from the trust account with respect to any public shares they hold if we fail to complete our initial business combination within such
time period and to liquidating distributions from assets outside the trust account and (D) vote any founder shares held by them and
any public shares purchased during or after this offering (including in open market and privately-negotiated transactions, aside from
shares they may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted in favor
of approving the business combination transaction) in favor of our initial business combination, (iv) the founder shares are automatically
convertible into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination,
or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as described herein and in our amended and restated
mem