Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 270

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 270
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 and (D) vote any founder
shares held by them and any public shares purchased during or after this offering (including in open market and privately-negotiated
transactions, aside from shares they may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which
would not be voted in favor of approving the business combination transaction) in favor of our initial business combination, (iv) the
founder shares are automatically convertible into Class A ordinary shares concurrently with or immediately following the consummation
of our initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as described
herein and in our amended and restated memorandum and articles of association, and (v) prior to the closing of our initial business
combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or
continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional
documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a
jurisdiction outside the Cayman Islands).

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The founder shares will automatically convert
into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination, or
earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations,
recapitalizations and the like, and subject to further adjustment as provided herein. In the case that additional Class A ordinary
shares, or any other equity-linked securities, are issued or deemed issued in excess of the amounts sold in this offering and related
to or in connection with the closing of the initial business combination, the ratio at which Class B ordinary shares convert into
Class A ordinary shares will be adjusted (unless the holders of a majority of the outstanding Class B ordinary shares agree
to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable
upon conversion of all Class B ordinary shares will equal, in the aggregate, 20% of the sum of (i) the total number of all
Class A ordinary shares outstanding upon the completion of this offering (including any Class A ordinary shares issued pursuant
to the underwriters’ over-allotment option and excluding the Class A ordinary shares underlying the private