Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 262

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 262
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-K will be filed to provide
updated information to reflect the exercise of the over-allotment option.

Ordinary Shares

Prior to the date of this prospectus, there were
5,750,000 Class B ordinary shares outstanding, all of which were held of record by our initial shareholders, so that our initial
shareholders will own 20% of our issued and outstanding ordinary shares after this offering (assuming our initial shareholders do not
purchase any units in this offering). Up to 750,000 of the founder shares will be surrendered by our sponsor to us for no consideration
depending on the extent to which the underwriters’ over-allotment option is exercised. Upon the closing of this offering, 25,000,000
of our ordinary shares will be outstanding (assuming no exercise of the underwriters’ over-allotment option and the corresponding
surrender for no consideration of 750,000 founder shares) comprising:

| · | 20,000,000                                                                    
 Class A ordinary shares underlying units issued as part of this offering; and |

| · | 5,000,000                                                 
 Class B ordinary shares held by our initial shareholders. |

If we increase or decrease the size of this offering,
we will effect a share capitalization or share repurchase or redemption or other appropriate mechanism, as applicable, with respect to
our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the ownership of
founder shares by our initial shareholders at 20% of our issued and outstanding ordinary shares upon the consummation of this offering.

Ordinary shareholders of record are entitled
to one vote for each share held on all matters to be voted on by shareholders. However, only holders of Class B ordinary shares
will have the right to (i) appoint or remove directors in any election held prior to or in connection with the completion of our
initial business combination, meaning that holders of Class A ordinary shares will not have the right to vote to appoint any directors
until after the completion of our initial business combination and (ii) continue the company in a jurisdiction outside the Cayman
Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in
each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). The provisions
of our amended and restated memorandum and articles of association governing these matters prior to our initial business combination
may only be amended