Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 209

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 209
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 a finder only to the extent our
management determines that the use of a finder may bring opportunities to us that may not otherwise be available to us or if finders
approach us on an unsolicited basis with a potential transaction that our management determines is in our best interest to pursue. Payment
of a finder’s fee is customarily tied to completion of a transaction, in which case any such fee will be paid out of the funds
held in the trust account.

We are not prohibited from pursuing an initial
business combination with a company that is affiliated with our initial shareholders, officers or directors, or any of their respective
affiliates, or completing the business combination through a joint venture or other form of shared ownership with our initial shareholders,
officers or directors, or any of their respective affiliates. In the event we seek to complete our initial business combination with
a company that is affiliated (as defined in our amended and restated memorandum and articles of association) with our initial shareholders
(including their respective members), officers or directors, we, or a committee of independent directors, will obtain an opinion from
an independent investment banking firm or another independent entity that commonly renders valuation opinions, stating that the consideration
to be paid by us in such an initial business combination is fair to our company from a financial point of view. We are not required to
obtain such an opinion in any other context.

Evaluation of a Target Business and Structuring of Our Initial Business Combination

Nasdaq rules require that we must complete
one or more business combinations having an aggregate fair market value of at least 80% of the value of the assets held in the trust
account (excluding the deferred underwriting commissions and taxes payable on the interest earned on the trust account). Our board of
directors will make the determination as to the fair market value of our initial business combination. If our board of directors is not
able to independently determine the fair market value of our initial business combination, we will obtain an opinion from an independent
investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such
criteria. While we consider it likely that our board of directors will be able to make an independent determination of the fair market
value of our initial business combination, it may be unable to do so if it is less familiar or experienced with the business of a particular
target or if there is a significant amount of uncertainty as to the value of the target’s assets or prospects. Additionally, pursuant
to Nasdaq