Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 105

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 105
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 in U.S. government treasury obligations
with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment
Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets in this form is intended
to be temporary and for the sole purpose of facilitating the intended business combination. To mitigate the risk that we might be deemed
to be an investment company for purposes of the Investment Company Act, which risk increases the longer that we hold investments in the
trust account, we may, at any time (based on our management team’s ongoing assessment of all factors related to our potential status
under the Investment Company Act), instruct the trustee to liquidate the investments held in the trust account and instead to hold the
funds in the trust account in cash or in an interest bearing demand deposit account at a bank. Our cash held in these accounts may exceed
any applicable FDIC insurance limits. Should events, including limited liquidity, defaults, non-performance or other adverse developments
occur with respect to the banks or other financial institutions that hold our funds, or that affect financial institutions or the financial
services industry generally, or concerns or rumors about any events of these kinds or other similar risks, the value of the assets in
our trust account could be impaired, which could have a material impact on our operating results, liquidity, financial condition and
prospects. For example, on March 10, 2023, the FDIC announced that Silicon Valley Bank had been closed by the California Department
of Financial Protection and Innovation. We cannot guarantee that the banks or other financial institutions that will hold our funds will
not experience similar issues.

Because we must furnish our shareholders with target business financial statements, we may lose the ability to complete an otherwise advantageous initial business combination with some prospective target businesses.

The federal proxy rules require that the
proxy statement with respect to the vote on an initial business combination include historical and pro forma financial statement disclosure.
We will include the same financial statement disclosure in connection with our tender offer documents, whether or not they are required
under the tender offer rules. These financial statements may be required to be prepared in accordance with, or be reconciled to, accounting
principles generally accepted in the United States of America (“GAAP”) or international financial reporting standards
as issued by the International Accounting Standards Board (“IFRS”) depending on the circumstances and the historical financial
statements may be required to be audited in accordance