Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 206

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 206
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Effecting Our Initial Business Combination</div>

General

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 enter into following the consummation of this offering or otherwise), shares issued to the owners of the target, debt
issued to bank or other lenders or the owners of the target, other securities issuances, or a combination of the foregoing. We may seek
to complete our initial business combination with a company or business that may be financially unstable or in its early stages of development
or growth, which would subject us to the numerous risks inherent in such companies and businesses.

If our initial business combination is paid for
using equity or debt securities, or not all of the funds released from the trust account are used for payment of the consideration in
connection with our initial business combination or used for redemptions of our Class A ordinary shares, we may use the balance
of the cash released to us from the trust account following the closing for general corporate purposes, including for maintenance or
expansion of operations of the post-transaction company, the payment of principal or interest due on indebtedness incurred in completing
our initial business combination, to fund the purchase of other companies, or for working capital.

We have not selected any business combination
target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business
combination target. Additionally, we have not contacted any of the prospective target businesses that CGC I, a former SPAC sponsored
by affiliates of our sponsor that completed its initial business combination in January 2023, had considered and rejected while
such entity was a blank check company searching for target businesses to acquire. We also have not contacted any of the prospective target
businesses that CGC II, an existing SPAC sponsored by affiliates of our sponsor that consummated its initial public offering in May 2022,
has considered while such entity continues its search for target businesses to acquire. However, we may contact any such targets subsequent
to the closing of this offering if we become aware that the valuations, operations, profits or prospects of such target business, or