Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 299

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 299
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 ordinary shares purchased
by one of our affiliates within the meaning of Rule 144 under the Securities Act. All of the outstanding founder shares (5,000,000
founder shares if the underwriters’ over-allotment option is not exercised and 5,750,000 founder shares if the underwriters’
over-allotment option is exercised in full) and all of the outstanding 6,000,000 private placement warrants will be restricted securities
under Rule 144, in that they were issued in private transactions not involving a public offering.

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Rule 144

Pursuant to Rule 144, a person who has beneficially
owned restricted shares or warrants for at least six months would be entitled to sell their securities provided that (i) such
person is not deemed to have been one of our affiliates at the time of, or at any time during the three months preceding, a sale
and (ii) we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale
and have filed all required reports under Section 13 or 15(d) of the Exchange Act during the 12 months (or such shorter
period as we were required to file reports) preceding the sale.

Persons who have beneficially owned restricted
shares or warrants for at least six months but who are our affiliates at the time of, or at any time during the three months
preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three-month
period only a number of securities that does not exceed the greater of:

| · | 1%                                                                                                    
 of the total number of Class A ordinary shares then outstanding, which will equal 200,000 shares      
 immediately after this offering (or 230,000 if the underwriters exercise in full their over-allotment 
 option); or                                                                                           |

| · | the                                                                                   
 average weekly reported trading volume of the Class A ordinary shares during the four 
 calendar weeks preceding the filing of a notice on Form 144 with respect to the       
 sale.                                                                                 |

Sales by our affiliates under Rule 144 are
also limited by manner of sale provisions and notice requirements and to the availability of current public information about us.

Restrictions on the Use of Rule 144 by Shell Companies or Former Shell Companies

Rule 144 is not available for the resale
of securities initially issued by shell companies (other than business combination related shell companies) or issuers