Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 149

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 149
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 are based on information
available to us as of the date of this prospectus. Although we believe that this information provides a reasonable basis for these statements,
this information may be limited or incomplete. Our statements should not be read to indicate that we have conducted an exhaustive inquiry
into, or review of, all relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely
on these statements.

<div align='center'>80

Use of Proceeds</div>

We are offering 20,000,000 units at an offering
price of $10.00 per unit. We estimate that the net proceeds of this offering together with the funds we will receive from the sale of
the private placement warrants will be used as set forth in the following table.

| Gross                                                                                                                          
 proceeds                                                                                                                       |     | Without        
 Over-allotment 
 Option         |             |   |     | Over-allotment 
 Option         
 Exercised      |             |   |
|:-------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|------------:|:--|:----|:---------------|------------:|:--|
| Gross                                                                                                                          
 proceeds from units offered to public(1)                                                                                       |     | $              | 200,000,000 |   |     | $              | 230,000,000 |   |
| Gross                                                                                                                          
 proceeds from private placement warrants offered in the private placement                                                      |     | $              |   6,000,000 |   |     | $              |   6,000,000 |   |
| Total gross proceeds                                                                                                           |     | $              | 206,000,000 |   |     | $              | 236,000,000 |   |
| Offering                                                                                                                       
 expenses(2)                                                                                                                    |     |                |             |   |     |                |             |   |
| Underwriting                                                                                                                   
 commissions (2.0% of gross proceeds from units offered to public (excluding units sold pursuant to the over-allotment option), 
 excluding deferred portion)(3)                                                                                                 |     | $              |   4,000,000 |   |     | $              |   4,000,000 |   |
| Legal fees and                                                                                                                 
 expenses                                                                                                                       |     |                |     300,000 |   |     |                |     300,000 |   |
| Printing and engraving                                                                                                         
 expenses                                                                                                                       |     |                |