Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 194

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 194
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 directors could
have conflicts of interest in determining whether to present business combination opportunities to us or to any other SPAC with which
they may become involved. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial
business combination target, which could materially affect our ability to complete our initial business combination.

While we expect that CGC II will have priority
over us with respect to acquisition opportunities, we do not believe that any potential conflicts would materially affect our ability
to identify a suitable target and to consummate our initial business combination. Our management team has significant experience in identifying
and executing multiple acquisition opportunities simultaneously, and we believe there are multiple potential opportunities within the
industries and geographies of our primary focus. Additionally, in October 2024, CGC II announced that it has entered into a non-binding
letter of intent with a potential target with respect to its initial business combination. However, there is no guarantee that CGC II
will be able to enter into a definitive business combination agreement with such potential target or, if such agreement is entered into,
that it will ultimately be able to consummate a business combination with such potential target.

Status as a Public Company

We believe our structure will make us an attractive
business combination partner to target businesses. As an existing public company, we offer a target business an alternative to the traditional
initial public offering through a merger or other business combination with us. In a business combination transaction with us, the owners
of the target business may, for example, exchange their shares of stock or shares in the target business for our Class A ordinary
shares (or shares of a new holding company) or for a combination of our Class A ordinary shares and cash, allowing us to tailor
the consideration to the specific needs of the sellers. We believe target businesses will find this method a more expeditious and cost
effective method to becoming a public company than the typical initial public offering. The typical initial public offering process takes
a significantly longer period of time than the typical business combination transaction process, and there are significant expenses and
market and other uncertainties in the initial public offering process, including underwriting discounts and commissions, marketing and
road show efforts that may not be present to the same extent in connection with a business combination with us.

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Furthermore, once a proposed initial business
combination is completed, the target business will have effectively become public, whereas an initial public offering is always subject
to the underwriters’