Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 99

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 99
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ning the release of funds from our trust account may be amended if approved by the affirmative vote of at least two-thirds of our
ordinary shares which are represented in person or by proxy and are voted at a general meeting of the company. Our initial shareholders,
who will beneficially own 20% of our ordinary shares upon the closing of this offering (assuming they do not purchase any units in this
offering), will participate in any vote to amend our amended and restated memorandum and articles of association and/or trust agreement
and will have the discretion to vote in any manner they choose. As a result, we may be able to amend the provisions of our amended and
restated memorandum and articles of association which govern our pre-business combination behavior more easily than some other SPACs,
and this may increase our ability to complete a business combination with which you do not agree.

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Our initial shareholders, officers and directors
have agreed, pursuant to letter agreements with us, that they will not propose any amendment to our amended and restated memorandum and
articles of association (A) to modify the substance or timing of our obligation to allow redemption in connection with our initial
business combination or to redeem 100% of our public shares if we have not consummated an initial business combination within the completion
window or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination
activity, in each case unless we provide our public shareholders with the opportunity to redeem their Class A ordinary shares upon
approval of any such amendment at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account,
including interest earned on the funds held in the trust account (less taxes payable, but without deduction for any excise or similar
tax that may be due or payable), divided by the number of then-outstanding public shares. Our public shareholders are not parties to,
or third-party beneficiaries of, these agreements and, as a result, will not have the ability to pursue remedies against our initial
shareholders, officers or directors for any breach of these agreements. In the event of a breach, our shareholders would need to pursue
a shareholder derivative action, subject to applicable law.

We may be unable to obtain additional financing to complete our initial business combination or to fund the operations and growth of a target business, which could compel us to restructure or abandon a particular business combination.

Although we believe that the net proceeds of
this offering and