Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 153

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 153
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us forms a part, we will reimburse our sponsor in an amount equal to $10,000 per month for office space,
utilities and secretarial and administrative support made available to us. Upon completion of our initial business combination or our
liquidation, we will cease paying these monthly fees.

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Prior to the closing of this offering, our sponsor
has agreed to loan us up to $250,000 to be used for a portion of the expenses of this offering. These loans are non-interest bearing,
unsecured and are due at the earlier of March 31, 2025 or the closing of this offering. The loan will be repaid upon the closing
of this offering out of the $750,000 of offering proceeds that has been allocated to the payment of offering expenses.

In addition, in order to finance transaction
costs in connection with an intended initial business combination, our sponsor or an affiliate of our sponsor or certain of our officers
and directors may, but are not obligated to, loan us funds as may be required. If we complete our initial business combination, we would
repay such loaned amounts. In the event that our initial business combination does not close, we may use amounts held outside the trust
account to repay such loaned amounts but no proceeds from our trust account would be used to repay such loaned amounts. Up to $1,500,000
of such loans may be convertible into private placement warrants of the post business combination entity at a price of $1.00 per warrant
at the option of the lender, which conversion may result in material dilution to our public shareholders. Such warrants would be identical
to the private placement warrants. Except as set forth above, the terms of such loans, if any, have not been determined and no written
agreements exist with respect to such loans. Prior to the completion of our initial business combination, we do not expect to seek loans
from parties other than our sponsor or an affiliate of our sponsor or certain of our officers and directors as we do not believe third
parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our trust account.

We have until the date that is 24 months
from the closing of this offering, or until such earlier date as our board of directors may approve, to consummate our initial business
combination. If we anticipate that we may be unable to consummate our initial business combination within such 24