Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 160

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 160
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| · | acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments                                  
 when due if we breach certain covenants that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation 
 of that covenant;                                                                                                                              |

| · | our immediate payment of all principal and accrued interest, if any, if the debt security is payable on 
 demand;                                                                                                 |

| · | our inability to obtain necessary additional financing if the debt security contains covenants restricting 
 our ability to obtain such financing while the debt security is outstanding;                               |

| · | using a substantial portion of our cash flow to pay principal and interest on our debt, which will reduce  
 the funds available for expenses, capital expenditures, acquisitions and other general corporate purposes; |

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| · | limitations on our flexibility in planning for and reacting to changes in our business and in the industry 
 in which we operate;                                                                                       |

| · | increased vulnerability to adverse changes in general economic, industry and competitive conditions and 
 adverse changes in government regulation; and                                                           |

| · | limitations on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions,                                 
 debt service requirements, execution of our strategy and other purposes and other disadvantages compared to our competitors who have less 
 debt.                                                                                                                                     |

As indicated in the accompanying financial statements,
at December 31, 2024, we had no cash and deferred offering costs of $263,676. Further, we expect to incur significant costs in the
pursuit of our initial business combination. Management plans to address this uncertainty through this offering. We cannot assure you
that our plans to raise capital or to complete our initial business combination will be successful. These factors, among others, raise
substantial doubt about our ability to continue as a going concern.

Results of Operations and Known Trends or Future Events

We have neither engaged in any operations nor
generated any revenues to date. Our only activities since inception have been organizational activities and those necessary to prepare
for this offering. Following this offering, we will not generate any operating revenues until after completion of our initial business
combination. We will generate non-operating income in the form of interest income on cash and cash equivalents after this offering. There
has been no significant change in our financial or trading position and no material adverse change has occurred since the date of our
audited financial statements. After this offering, we expect to incur increased expenses as a