Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 154

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 154
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 amount equal to $10,000 per month for office space,
utilities and secretarial and administrative support made available to us. Upon completion of our initial business combination or our
liquidation, we will cease paying these monthly fees.

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Prior to the closing of this offering, our sponsor
has agreed to loan us up to $250,000 to be used for a portion of the expenses of this offering. These loans are non-interest bearing,
unsecured and are due at the earlier of March 31, 2025 or the closing of this offering. The loan will be repaid upon the closing
of this offering out of the $750,000 of offering proceeds that has been allocated to the payment of offering expenses.

In addition, in order to finance transaction costs
in connection with an intended initial business combination, our sponsor or an affiliate of our sponsor or certain of our officers and
directors may, but are not obligated to, loan us funds as may be required. If we complete our initial business combination, we would repay
such loaned amounts. In the event that our initial business combination does not close, we may use amounts held outside the trust account
to repay such loaned amounts but no proceeds from our trust account would be used to repay such loaned amounts. Up to $1,500,000 of such
loans may be convertible into private placement warrants of the post business combination entity at a price of $1.00 per warrant at the
option of the lender. Such warrants would be identical to the private placement warrants. Except as set forth above, the terms of such
loans, if any, have not been determined and no written agreements exist with respect to such loans. Prior to the completion of our initial
business combination, we do not expect to seek loans from parties other than our sponsor or an affiliate of our sponsor or certain of
our officers and directors as we do not believe third parties will be willing to loan such funds and provide a waiver against any and
all rights to seek access to funds in our trust account.

We have until the date that is 24 months
from the closing of this offering, or until such earlier date as our board of directors may approve, to consummate our initial business
combination. If we anticipate that we may be unable to consummate our initial business combination within such 24-month period, we may
seek shareholder approval to amend our amended and restated memorandum and articles of association to extend the date by