Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 125

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 125
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 “CGCT” and “CGCTU,” respectively. However,
we cannot guarantee that our securities will be approved for listing on Nasdaq.

Although after giving effect to this offering
we expect to meet, on a pro forma basis, the minimum initial listing standards set forth in Nasdaq listing standards, we cannot assure
you that our securities will be, or will continue to be, listed on Nasdaq in the future or prior to our initial business combination.
In order to continue listing our securities on Nasdaq prior to our initial business combination, we must maintain certain financial,
distribution and share price levels. Generally, we must maintain a minimum market value of listed securities (generally $50,000,000)
and a minimum number of holders of our securities (generally 400 public holders). Additionally, in connection with our initial business
combination, we will be required to demonstrate compliance with Nasdaq’s initial listing requirements, which are more rigorous
than Nasdaq’s continued listing requirements, in order to continue to maintain the listing of our securities on Nasdaq. For instance,
unless we decide to list on a different Nasdaq tier such as the Nasdaq Capital Market which has different initial listing requirements,
our share price would generally be required to be at least $4.00 per share and we would be required to have a minimum of 400 round lot
holders of our securities. We cannot assure you that we will be able to meet those initial listing requirements at that time.

If Nasdaq delists our securities from trading
on its exchange and we are not able to list our securities on another national securities exchange, we expect our securities could be
quoted on an over-the-counter market. If this were to occur, we could face significant material adverse consequences, including:

| · | a                                                             
 limited availability of market quotations for our securities; |

| · | reduced                       
 liquidity for our securities; |

| · | a                                                                                         
 determination that our Class A ordinary shares are a “penny stock” which                  
 will require brokers trading in our Class A ordinary shares to adhere to more stringent   
 rules and possibly result in a reduced level of trading activity in the secondary trading 
 market for our securities;                                                                |

| · | a                                                
 limited amount of news and analyst coverage; and |

| · | a                                                                                              
 decreased ability to issue additional securities or obtain additional financing in the future. |

The National Securities Markets Improvement Act of 1996,
which is a federal statute, prevents or preempts the states from regulating the sale of certain