Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 287

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 287
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 on the list filed by the company may participate fully in all proceedings until the determination of fair value is reached. A
shareholder who dissents must do so in respect of all shares that that person holds in the constituent company. Upon the giving of a notice
of dissent under paragraph (iii) above, the shareholder to whom the notice relates shall cease to have any of the rights of a shareholder
except the right to be paid the fair value of that person’s shares and certain rights specified in the Companies Law. These rights
of a dissenting shareholder are not available in certain circumstances, for example, to dissenting shareholders holding shares of any
class in respect of which an open market exists on a recognized stock exchange or recognized interdealer quotation system at the relevant
date, where the consideration for such shares to be contributed are shares of any company listed on a national securities exchange or
shares of the surviving or consolidated company.

<div align='center'>146</div>

Moreover, Cayman Islands law has separate statutory
provisions that facilitate the reconstruction or amalgamation of companies in certain circumstances, commonly referred to in the Cayman
Islands as a “scheme of arrangement,” which may be tantamount to a merger. Schemes of arrangement will generally be more suited
for complex mergers or other transactions involving widely held companies. In the event that a merger was sought pursuant to a scheme
of arrangement (the procedures for which are more rigorous and take longer to complete than the procedures typically required to consummate
a merger in the United States), the arrangement in question must be approved (i) in relation to a compromise or arrangement
between a company and its creditors or any class of them, a majority in number of such creditors or class of creditors with whom the arrangement
is to be made and who must in addition represent 75% in value of such creditors or class of creditors, as the case may be, that are present
and voting either in person or by proxy at a meeting summoned for that purpose; and (ii) in relation to a compromise or arrangement
between a company and its shareholders or any class of them, shareholders who represent 75% in value of the company’s shareholders
or class of shareholders, as the case may be, that are present and voting either in person or by proxy at a meeting summoned for that
purpose. The convening of the meetings and subsequently the terms of the arrangement must be sanctioned by the Grand Court of the Cayman
Islands. While a dissenting shareholder would have