Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 181

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 181
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 that will offer an attractive 
 valuation for our shareholders.                                                                   |

These criteria and guidelines are not intended
to be exhaustive or inviolate. Any evaluation relating to the merits of a particular initial business combination may be based, to the
extent relevant, on these general criteria and guidelines as well as other considerations, factors and criteria that our management may
deem relevant. In the event that we decide to enter into an initial business combination with a target business that does not meet the
above criteria and guidelines, we will disclose that the target business does not meet the above criteria and guidelines in our shareholder
communications related to our initial business combination, which, as discussed in this prospectus, would be in the form of proxy solicitation
or tender offer materials, as applicable, that we would file with the SEC.

Acquisition Process

In evaluating a prospective target business,
we expect to conduct a due diligence review which may encompass, among other things, meetings with incumbent management and employees,
document reviews, interviews of customers and suppliers, inspection of facilities, as applicable, as well as a review of financial, operational,
legal and other information about the target and its industry which will be made available to us. We also expect to utilize our operational
and capital planning experience. Given our experience, we expect to have the capacity to appropriately source opportunities and conduct
a substantial portion of due diligence ourselves, relying less on third parties than many other similar companies.

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If we determine to move forward with a particular
target, we will proceed to structure and negotiate the terms of the business combination transaction. The time required to select and
evaluate a target business and to structure and complete our initial business combination, and the costs associated with this process,
are not currently ascertainable with any degree of certainty. Any costs incurred with respect to the identification and evaluation of,
and negotiation with, a prospective target business with which our initial business combination is not ultimately completed will result
in our incurring losses and will reduce the funds available for us to use to complete another business combination.

Initial Business Combination

We are not presently engaged in, and we will
not engage in, any operations for an indefinite period of time following this offering. We intend to effectuate our initial business
combination using cash from the proceeds of this offering and the private placement of the private placement warrants, the proceeds of
the sale of our shares in connection with our initial business combination (including pursuant to forward purchase agreements or backstop
agreements we may