Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 241

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 241
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ating     
 distributions from the trust account with respect to their founder shares if we fail to complete  
 our initial business combination within the prescribed time frame, although they will be          
 entitled to liquidating distributions from assets outside the trust account. If we do not         
 complete our initial business combination within the prescribed time frame, the private placement 
 warrants will expire worthless. Furthermore, our initial shareholders, officers and directors     
 have agreed not to transfer, assign or sell any of their founder shares and any Class A           
 ordinary shares issuable upon conversion thereof until the earlier to occur of: (i) one           
 year after the completion of our initial business combination or (ii) the date following          
 the completion of our initial business combination on which we complete a liquidation, merger,    
 share exchange or other similar transaction that results in all of our shareholders having        
 the right to exchange their Class A ordinary shares for cash, securities or other property.       
 Notwithstanding the foregoing, if the closing price of our Class A ordinary shares equals         
 or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations,          
 reorganizations, recapitalizations and the like) for any 20 trading days within                   
 any 30-trading day period commencing at least 150 days after our initial business                 
 combination, the founder shares will be released from the lock-up. The private placement          
 warrants (including the Class A ordinary shares issuable upon exercise of the private             
 placement warrants) will not be transferable until 30 days following the completion               
 of our initial business combination. Accordingly, our officers and directors who directly         
 or indirectly own our securities may have a conflict of interest in determining whether a         
 particular target business is an appropriate business with which to effectuate our initial        
 business combination.                                                                             |

| · | Our                                                                                              
 initial shareholders and members of our management team will directly or indirectly own our      
 securities following this offering, and accordingly, they may have a conflict of interest        
 in determining whether a particular target business is an appropriate business with which        
 to effectuate our initial business combination. Upon the closing of this offering, our initial   
 shareholders will have invested in us an aggregate of $4,025,000, comprised of the $25,000       
 purchase price for the founder shares (or approximately $0.004 per share) and the $4,000,000     
 purchase price for the private placement warrants (or $1.00 per warrant, and excluding private   
 placement warrants to be acquired by Cantor), which may