Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 9

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 9
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), payable to the underwriters upon the closing of      
 this offering. Also includes $0.45 per unit on units sold in this offering other than those   
 sold pursuant to the underwriters’ option to purchase additional units and $0.65 per          
 unit on units sold in this offering pursuant to the underwriters’ option to purchase          
 additional units, or $9,000,000 in the aggregate (or up to $10,950,000 in the aggregate if    
 the underwriters’ over-allotment option is exercised in full), payable to the underwriters    
 for deferred underwriting commissions to be placed in a U.S.-based trust account and released 
 to Cantor Fitzgerald & Co. for its own account only upon the completion of an initial         
 business combination. See also “Underwriting” for a description of compensation               
 and other items of value payable to the underwriters.                                         |

Of the proceeds we receive from this offering
and the sale of the private placement warrants described in this prospectus, $200,000,000, or $230,000,000 if the underwriters’
overallotment option is exercised in full ($10.00 per unit in either case), will be placed into a U.S.-based trust account with Continental
Stock Transfer & Trust Company acting as trustee.

The following table illustrates the difference
between the public offering price per unit and our net tangible book value per share (“NTBV”), as adjusted to give effect
to this offering and assuming the redemption of our public shares at varying levels and the exercise in full and no exercise of the underwriters’
over-allotment option. See section entitled “ Dilution” for more information.

| As of             
 December 31, 2024 |                                        |     |            |      |     |            |      |     |            |      |     |            |      |     |            |      |     |            |      |     |            |       |   |     |            |       |
|:------------------|---------------------------------------:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|:------|:--|:----|:-----------|------:|
| Offering          
 Price of          
 $10.00 per        
 Unit              |                                        |     | 25