Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 237

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 237
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 public offering. An “independent director” is defined
generally as a person who, in the opinion of the company’s board of directors, has no material relationship with the listed company
(either directly or as a partner, shareholder or officer of an organization that has a relationship with the company). Upon the commencement
of trading of our units on Nasdaq, we expect to have three “independent directors” as defined in Nasdaq rules and applicable
SEC rules prior to completion of this offering. Our board of directors expects to determine that Ali Bouzarif, Kevin Gold and Sanford
Litvack are “independent directors” as defined in Nasdaq listing standards and applicable SEC rules. Our independent directors
will have regularly scheduled meetings at which only independent directors are present.

Executive Officer and Director Compensation

None of our executive officers or directors have
received any cash compensation for services rendered to us. We are not prohibited from paying any fees (including advisory fees), reimbursements
or cash payments to our initial shareholders, officers or directors, or our or their affiliates, for services rendered to us prior to
or in connection with the completion of our initial business combination, including the following payments, all of which, if made prior
to the completion of our initial business combination, will be paid from funds held outside the trust account:

| · | Repayment                                                                                      
 of up to an aggregate of $250,000 in loans made to us by our sponsor to cover offering-related 
 and organizational expenses;                                                                   |

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| · | reimbursement                                                                            
 for office space, utilities and secretarial and administrative support made available to 
 us by our sponsor, in an amount equal to $10,000 per month;                              |

| · | Payment                                                                                              
 of consulting, success or finder fees to our initial shareholders, officers or directors,            
 or our or their affiliates, in connection with the consummation of our initial business combination; |

| · | We                                                                                             
 may engage our sponsor or an affiliate of our sponsor as an advisor or otherwise in connection 
 with our initial business combination and certain other transactions and pay such person       
 or entity a salary or fee in an amount that constitutes a market standard for comparable       
 transactions;                                                                                  |

| · | Reimbursement                                                                                    
 for any out-of-pocket expenses related to identifying, investigating, negotiating and completing 
 an initial business combination; and                                                             |

| · | Repayment                                                                                      
 of loans which may be made by our sponsor or an affiliate of our sponsor or