Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 275

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 275
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 a “cashless basis” in accordance with Section 3(a)(9) of
the Securities Act and, in the event we so elect, we will not be required to file or maintain in effect a registration statement.

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Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00.Once the warrants
become exercisable, we may redeem the outstanding warrants:

| · | in                     
 whole and not in part; |

| · | at                                                                            
 a price of $0.01 per warrant; upon a minimum of 30 days’ prior written notice 
 of redemption (the “30-day redemption period”); and                           |

| · | if,                                                                                      
 and only if, the closing price of our Class A ordinary shares equals or exceeds $18.00   
 per share (as adjusted for adjustments to the number of shares issuable upon exercise or 
 the exercise price of a warrant as described under the heading “— Redemption             
 Procedures — Anti-dilution Adjustments”) for any 20 trading days                         
 within a 30-trading day period commencing at least 30 days after completion of           
 our initial business combination and ending three business days before we send           
 the notice of redemption to the warrant holders.                                         |

We will not redeem the warrants as described
above unless a registration statement under the Securities Act covering the issuance of the Class A ordinary shares issuable upon
exercise of the warrants is then effective and a current prospectus relating to those Class A ordinary shares is available throughout
the measurement period. If and when the warrants become redeemable by us, we may not exercise our redemption right if the issuance of
ordinary shares upon exercise of the warrants is not exempt from registration or qualification under applicable state blue sky laws or
we are unable to effect such registration or qualification. We will use our best efforts to register or qualify such ordinary shares
under the blue sky laws of the state of residence in those states in which the warrants were offered by us in this offering. We have
established the last of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call
a significant premium to the warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of
the warrants, each warrant holder will be entitled to exercise his, her or its warrant prior to the scheduled redemption date. However,
the price of the Class A ordinary shares may fall below the $18.00 redemption trigger price