Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 252

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 252
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 owned by this individual as a result of his or her membership interest in DirectorCo. |

Immediately after this offering, our initial
shareholders will beneficially own 20% of the then issued and outstanding ordinary shares (assuming they do not purchase any units in
this offering). 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). Because of this ownership block, our
initial shareholders may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including
the appointment 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), and approval of significant corporate transactions including
our initial business combination.

Our sponsor and Cantor have committed, pursuant
to written agreements, to purchase an aggregate of 6,000,000 private placement warrants, each exercisable to purchase one Class A
ordinary share at $11.50 per share, at a price of $1.00 per private placement warrant, or $6,000,000 in the aggregate in a private placement
that will occur simultaneously with the closing of this offering. Of those 6,000,000 private placement warrants, our sponsor has agreed
to purchase 4,000,000 private placement warrants and Cantor has agreed to purchase 2,000,000 private placement warrants.

The private placement warrants will be identical
to the warrants sold in this offering except that, so long as they are held by the initial purchasers or their permitted transferees,
the private placement warrants (i) may not (including the Class A ordinary shares issuable upon exercise of these warrants),
subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our
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