Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 352

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 352
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 Warrants, the Sponsor has agreed to purchase 4,000,000 Private
Placement Warrants and Cantor has agreed to purchase 2,000,000 Private Placement Warrants. Each Private Placement Warrant entitles the
registered holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment.

The Private Placement Warrants will be identical
to the public warrants sold in the Proposed Public Offering except that, so long as they are held by the Sponsor, Cantor, or their permitted
transferees, the Private Placement Warrants (i) may not (including the Class A ordinary shares issuable upon exercise of these
Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days
after the completion of the initial Business Combination, (ii) will be entitled to registration rights and (iii) with respect
to Private Placement Warrants held by Cantor and/or its designees, will not be exercisable more than five years from the commencement
of sales in this offering in accordance with Financial Industry Regulatory Authority (“FINRA”) Rule 5110(g)(8).

The Sponsor, DirectorCo, and the Company’s
officers and directors have entered into letter agreements with the Company, pursuant to which they have agreed to (i) waive their
redemption rights with respect to their founder shares and public shares in connection with the completion of the initial Business Combination;
(ii) waive their redemption rights with respect to their founder shares and public shares in connection with a shareholder vote
to approve an amendment to the Articles (A) to modify the substance or timing of the Company’s obligation to allow redemption
in connection with the initial Business Combination or to redeem 100% of the public shares if the Company has 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; (iii) waive their rights to liquidating distributions from the Trust Account
with respect to their founder shares if the Company fails to complete the initial Business Combination within the Completion Window,
although they will be entitled to liquidating distributions from the Trust Account with respect to any public shares they hold if the
Company fails to complete the initial Business Combination within the Completion Window and to liquidating distributions from assets
outside the Trust Account; and (iv) vote any founder shares held by them and any public shares purchased during or after the Proposed