Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 134

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 134
---
 of association to be
inapplicable or unenforceable in an action, we may incur additional costs associated with resolving the dispute in other jurisdictions,
which could have adverse effect on our business and financial performance.

An investment in this offering may result in uncertain U.S. federal income tax consequences.

An investment in this offering may result in
uncertain U.S. federal income tax consequences. For instance, because there are no authorities that directly address instruments
similar to the units we are issuing in this offering, the allocation an investor makes with respect to the purchase price of a unit between
the Class A ordinary share and the one-half of a warrant to purchase one Class A ordinary share included in each unit could
be challenged by the U.S. Internal Revenue Service (“IRS”) or courts. In addition, the U.S. federal income tax
consequences of a cashless exercise of warrants included in the units we are issuing in this offering is unclear under current law. Finally,
it is unclear whether the redemption rights with respect to our Class A ordinary shares suspend the running of a U.S. Holder’s
(as defined in the section entitled “Taxation — United States Federal Income Tax Considerations — U.S. Holders”)
holding period for purposes of determining whether any gain or loss realized by such holder on the sale or exchange of Class A ordinary
shares is long-term capital gain or loss and for determining whether any dividend we pay would be considered “qualified dividend
income” for U.S. federal income tax purposes. See the section entitled “Taxation — United States Federal Income Tax Considerations” for a summary of the U.S. federal income tax considerations of an investment in our
securities. Prospective investors are urged to consult their tax advisors with respect to these and other tax consequences when acquiring,
owning or disposing of our securities.

<div align='center'>72</div>

Whether a redemption of Class A ordinary shares will be treated as a sale of such Class A ordinary shares for U.S. federal income tax purposes will depend on a shareholder’s specific facts.

The U.S. federal income tax treatment of
a redemption of Class A ordinary shares will depend on whether the redemption qualifies as a sale of such Class A ordinary
shares under Section 302(a) of the Internal Revenue Code of 1986, as amended (the “Code”), which will depend largely
on the total number of our shares treated as held by the shareholder electing to redeem Class A ordinary shares (including any shares
constructively owned by