Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 214

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 214
---
 combination, 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), divided by the number of then-outstanding public shares, subject to the limitations
and on the conditions described herein. The amount in the trust account is initially anticipated to be $10.00 per public share. The per
share amount we will distribute to investors who properly redeem their shares will not be reduced by the deferred underwriting commissions
we will pay to the underwriters. Our initial shareholders, officers and directors have entered into letter agreements with us, pursuant
to which they have agreed to 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.

Our proposed initial business combination may
impose a minimum cash requirement for (i) cash consideration to be paid to the target or its owners, (ii) cash for working capital
or other general corporate purposes or (iii) the retention of cash to satisfy other conditions. In the event the aggregate cash consideration
we would be required to pay for all Class A ordinary shares that are validly submitted for redemption plus any amount required to
satisfy cash conditions pursuant to the terms of the proposed initial business combination exceed the aggregate amount of cash available
to us, we will not complete the initial business combination or redeem any shares, and all Class A ordinary shares submitted for
redemption will be returned to the holders thereof. We may, however, raise funds through the issuance of equity-linked securities or through
loans, advances or other indebtedness in connection with our initial business combination, including pursuant to forward purchase agreements
or backstop arrangements we may enter into following consummation of this offering, in order to, among other reasons, satisfy such net
tangible assets or minimum cash requirements.

<div align='center'>113</div>

Manner of Conducting Redemptions

We will provide our public shareholders with the
opportunity to redeem all or a portion of their Class A ordinary shares upon the completion of our initial business combination either
(i) in connection with a general meeting called to approve the business combination or (ii) without a shareholder vote by means
of a tender offer. The decision as to whether we will seek shareholder approval of a proposed business combination or conduct a tender
offer will be made by us, solely in our discretion, and will be based on a variety of factors such as the timing