Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 28

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 28
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 outstanding voting securities of the target or otherwise acquires a controlling interest
in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. Even if the
post transaction company owns or acquires 50% or more of the voting securities of the target, our shareholders prior to the business
combination may collectively own a minority interest in the post transaction company, depending on valuations ascribed to the target
and us in the business combination. For example, we could pursue a transaction in which we issue a substantial number of new shares in
exchange for all of the outstanding capital stock, shares or other equity interests of a target. In this case, we would acquire a 100%
controlling interest in the target. However, as a result of the issuance of a substantial number of new shares, our shareholders immediately
prior to our initial business combination could own less than a majority of our issued and outstanding shares subsequent to our initial
business combination. If less than 100% of the equity interests or assets of a target business or businesses are owned or acquired by
the post transaction company, the portion of such business or businesses that is owned or acquired is what will be taken into account
for purposes of the 80% of net assets test described above. If the business combination involves more than one target business, the 80%
of net assets test will be based on the aggregate value of all of the target businesses.

We are not prohibited from pursuing an initial
business combination with a company that is affiliated with our initial shareholders, officers or directors, or any of their respective
affiliates, or completing the business combination through a joint venture or other form of shared ownership with our initial shareholders,
officers or directors, or any of their respective affiliates. In the event we seek to complete our initial business combination with
a company that is affiliated (as defined in our amended and restated memorandum and articles of association) with our initial shareholders
(including their respective members), officers or directors, we, or a committee of independent directors, will obtain an opinion from
an independent investment banking firm or another independent entity that commonly renders valuation opinions, stating that the consideration
to be paid by us in such an initial business combination is fair to our company from a financial point of view. We are not required to
obtain such an opinion in any other context.

Our initial shareholders and members of our management
team will directly or indirectly own founder shares and/or private placement warrants following this offering and,