Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 187

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 187
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 and to consummate our initial business combination. Our management team has significant experience in identifying
and executing multiple acquisition opportunities simultaneously, and we believe there are multiple potential opportunities within the
industries and geographies of our primary focus. Additionally, in October 2024, CGC II announced that it has entered into a non-binding
letter of intent with a potential target with respect to its initial business combination. However, there is no guarantee that CGC II
will be able to enter into a definitive business combination agreement with such potential target or, if such agreement is entered into,
that it will ultimately be able to consummate a business combination with such potential target.

For additional information regarding the expected
process for effecting our initial business combination, see the section of this prospectus entitled “Effecting Our Initial Business Combination.”

Post-Acquisition Leadership

After the initial business combination, we will
seek to apply a rigorous approach to enhancing shareholder value through our participation on the board of directors or through direct
involvement with company operations or both. We intend to rely on the extensive professional network of Cartesian, including long term
associates and former employees, and will assemble a team of industry experts that have relevant expertise to enhance the shareholder
value.

Initial Shareholders Information

Our sponsor is a Cayman Islands limited liability
company, which was recently formed to invest in our company. DirectorCo is also a Cayman Islands limited liability company, which was
recently formed to hold founder shares, including for the benefit of our independent directors as described below. Each of our sponsor
and DirectorCo is permitted to undertake any activities permitted under the LLC Act and other applicable law; however, our sponsor’s
business is focused on investing in our company, and DirectorCo’s business is solely to hold our securities as described above.
Our sponsor is the sole managing member of DirectorCo. Pangaea Three-B, LP is the sole member of our sponsor and is controlled by Peter
Yu, our Chairman and Chief Executive Officer. Consequently, each of Pangaea Three-B, LP and Mr. Yu may be deemed to share voting
and dispositive control over the founder shares held by our sponsor and DirectorCo, and thus to share beneficial ownership of such securities.
As of the date of this prospectus, no other person has a direct or indirect material interest in our sponsor. In addition, each of our
independent directors will receive for their services as directors an indirect interest in 30,000 founder shares through membership interests
in Director