Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 105

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 105
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 make mandatory filings, to charge filing fees related to such filings, and to self-initiate national security reviews of
foreign direct and indirect investments in U.S. companies if the parties to that investment choose not to file voluntarily. In the
case that CFIUS determines an investment to be a threat to national security, CFIUS has the power to unwind or place restrictions on
the investment. Whether CFIUS has jurisdiction to review an acquisition or investment transaction depends on — among
other factors — the nature and structure of the transaction, including the level of beneficial ownership interest and
the nature of any information or governance rights involved. While our sponsor is a limited liability company formed in the Cayman Islands,
it is not controlled by, nor does it have substantial ties with, a non-U.S. person; however, investments that result in “control”
of a U.S. business by a foreign person are always subject to CFIUS jurisdiction. CFIUS’s expanded jurisdiction under the Foreign
Investment Risk Review Modernization Act of 2018 and implementing regulations that became effective on February 13, 2020
further includes investments that do not result in control of a U.S. business by a foreign person but afford certain foreign investors
certain information or governance rights in a U.S. business that has a nexus to “critical technologies,” “critical
infrastructure” and/or “sensitive personal data.”

If a particular proposed initial business combination
with a U.S. business falls within CFIUS’s jurisdiction, we may determine that we are required to make a mandatory filing or
that we will submit to CFIUS review on a voluntary basis, or to proceed with the transaction without submitting to CFIUS and risk CFIUS
intervention, before or after closing the transaction. CFIUS may decide to block or delay our proposed initial business combination,
impose conditions with respect to such initial business combination or request the President of the United States to order us to
divest all or a portion of the U.S. target business of our initial business combination that we acquired without first obtaining
CFIUS approval, which may limit the attractiveness of, delay or prevent us from pursuing certain target companies that we believe would
otherwise be beneficial to us and our shareholders. As a result, the pool of potential targets with which we could complete an initial
business combination may be limited and we may be adversely affected in terms of competing with other SPACs which do not have any foreign
ownership issues.