Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 90

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 90
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 ordinary
shares, respectively, available for issuance, which amount does not take into account shares reserved for issuance upon exercise of outstanding
warrants or shares issuable upon conversion of the Class B ordinary shares. The Class B ordinary shares are automatically convertible
into Class A ordinary shares (which such Class A ordinary shares delivered upon conversion will not have any redemption rights
or be entitled to liquidating distributions from the trust account if we fail to consummate an initial business combination) concurrently
with or immediately following the consummation of our initial business combination, or earlier at the option of the holder, initially
at a one-for-one ratio but subject to adjustment as set forth herein and in our amended and restated memorandum and articles of association,
including in certain circumstances in which we issue Class A ordinary shares or equity-linked securities related to our initial
business combination. Immediately after this offering, there will be no preference shares issued and outstanding.

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We may issue a substantial number of additional
Class A ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after
completion of our initial business combination. We may also issue Class A ordinary shares upon conversion of the Class B ordinary
shares at a ratio greater than one-to-one at the time of our initial business combination as a result of the anti-dilution provisions
as set forth therein. However, our amended and restated memorandum and articles of association provide, among other things, that prior
to our initial business combination, except in connection with the conversion of Class B ordinary shares into Class A ordinary
shares where the holders of such shares have waived any rights to receive funds from the trust account, we may not issue additional shares
that would entitle the holders thereof to (i) receive funds from the trust account or (ii) vote as a class with public shares
on any initial business combination. These provisions of our amended and restated memorandum and articles of association, like all provisions
of our amended and restated memorandum and articles of association, may be amended with a shareholder vote. The issuance of additional
ordinary or preference shares:

| · | may                                                                                          
 significantly dilute the equity interest of investors in this offering, which dilution would 
 increase if the anti-dilution provisions in the Class B ordinary shares resulted in          
 the issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion   
 of the Class B ordinary shares;                                                              |

| · | may                                                                                   
 subordinate the rights of holders