Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 350

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 350
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 Cayman Islands law to provide for claims of creditors and subject to the other requirements of applicable law.

The Sponsor, CGC III Sponsor DirectorCo LLC (“DirectorCo”),
and the Company’s officers and directors have entered into letter agreements with the Company, pursuant to which they have agreed
to (i) waive their redemption rights with respect to their founder shares and public shares in connection with the completion of
the initial Business Combination; (ii) waive their redemption rights with respect to their founder shares and public shares in connection
with a shareholder vote to approve an amendment to the Articles; (iii) waive their rights to liquidating distributions from the
Trust Account with respect to their founder shares if the Company fails to complete the 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 the Company fails to complete the initial Business Combination within the Completion Window and to liquidating distributions from
assets outside the Trust Account; and (iv) vote any founder shares held by them and any public shares purchased during or after
the Proposed Public 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) in favor of the initial Business Combination.

The Sponsor has agreed that it will be liable
to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company (except for the
Company’s independent registered public accounting firm), or a prospective target business with which the Company has entered into
a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds
in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per public share held in
the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.00 per share due to reductions in the value
of the trust assets, less taxes payable (but without deduction for any excise or similar tax that may be due or payable), provided that
such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights
to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims