Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 284

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 284
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 intentional misconduct of the indemnified person or entity. Continental Stock Transfer & Trust
Company has agreed that it has no right of set-off or any right, title, interest or claim of any kind to, or to any monies in, the trust
account, and has irrevocably waived any right, title, interest or claim of any kind to, or to any monies in, the trust account that it
may have now or in the future. Accordingly, any indemnification provided will only be able to be satisfied, or a claim will only be able
to be pursued, solely against us and our assets outside the trust account and not against the any monies in the trust account or interest
earned thereon.

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Certain Differences in Corporate Law

Cayman Islands companies are governed by the Companies
Law. The Companies Law is modeled on English law but does not follow recent English law statutory enactments, and differs from laws applicable
to United States corporations and their shareholders. Set forth below is a summary of the material differences between the provisions
of the Companies Law applicable to us and the laws applicable to companies incorporated in the United States and their shareholders.

Mergers and Similar Arrangements.In certain circumstances, the Companies Law allows for mergers or consolidations between two Cayman
Islands companies, or between a Cayman Islands company and a company incorporated in another jurisdiction (provided that is facilitated
by the laws of that other jurisdiction).

Where the merger or consolidation is between two
Cayman Islands companies, the directors of each company must approve a written plan of merger or consolidation containing certain prescribed
information. That plan or merger or consolidation must then be authorized by either (i) a special resolution of the shareholders
of each company; and (ii) such other authorization, if any, as may be specified in such constituent company’s articles of association.
No shareholder resolution is required for a merger between a parent company (i.e., a company that holds issued shares that together represent
90% of the votes at a general meeting of the subsidiary company) and its subsidiary company, provided the parent company is the surviving
entity and a copy of the plan of merger is given to every member of each subsidiary company to be merged unless that member agrees otherwise.
The consent of each holder of a fixed or floating security interest of a constituent company must be obtained, unless the court waives
such requirement. If the Cayman Islands Registrar of Companies is satisfied that the requirements of