Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 326

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 326
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 and directors
agreed not to transfer, assign or sell any founder shares until the earlier to occur of (A) one year after the completion of our
initial business combination or (B) subsequent to our initial business combination, (x) if the closing price of our Class A
ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share dividends, reorganizations, recapitalizations
and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after our initial
business combination, or (y) the date on which we complete a liquidation, merger, share exchange, reorganization or other similar
transaction that results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities
or other property (except with respect to permitted transferees as described in the section of this prospectus entitled “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Warrants”). The private placement
warrants (including the Class A ordinary shares issuable upon exercise of such warrants) will not be transferable, assignable or
saleable by the initial purchasers until 30 days after the completion of our initial business combination (except with respect to
permitted transferees as described herein under “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Warrants”). Except in certain limited circumstances, no member of our sponsor may transfer all
or any portion of its membership interests in our sponsor.

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Cantor (and/or its designees) has also committed
to purchase from us 2,000,000 private placement warrants at $1.00 per warrant for an aggregate purchase price of $2,000,000. The private
placement warrants (including the Class A ordinary shares issuable upon exercise of such warrants) will not be transferable, assignable
or saleable until 30 days after the consummation of our initial business combination (except with respect to permitted transferees
as described herein under “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Warrants”) and the private placement warrants held by Cantor will not be exercisable more than five years from
the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). The purchase of the private placement warrants
will take place on a private placement basis simultaneously with the consummation of this offering