Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 151

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 151
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,000,000 if the underwriters’ over-allotment option is exercised        
 in full ($10.00 per unit), will be placed in a U.S.-based trust account with Continental          
 Stock Transfer & Trust Company acting as trustee, after deducting $4,000,000 in                   
 underwriting discounts and commissions payable upon the closing of this offering and an aggregate 
 of $2,000,000 to pay fees and expenses in connection with the closing of this offering and        
 for working capital following the closing of this offering. The proceeds held in the trust        
 account will initially be invested only in U.S. government treasury obligations with              
 a maturity of 185 days or less or in money market funds meeting certain conditions under          
 Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government            
 treasury obligations; the holding of these assets in this form is intended to be temporary        
 and for the sole purpose of facilitating the intended business combination. To mitigate the       
 risk that we might be deemed to be an investment company for purposes of the Investment Company   
 Act, which risk increases the longer that we hold investments in the trust account, we may,       
 at any time (based on our management team’s ongoing assessment of all factors related             
 to our potential status under the Investment Company Act), instruct the trustee to liquidate      
 the investments held in the trust account and instead to hold the funds in the trust account      
 in cash or in an interest bearing demand deposit account at a bank. We expect that the interest   
 earned on the trust account will be sufficient to pay income taxes. We will not be permitted      
 to withdraw any of the principal or interest held in the trust account, except for the withdrawal 
 of interest to pay our taxes and up to $100,000 to pay dissolution expenses, as applicable,       
 if any, until the earliest of (i) the completion of our initial business combination,             
 (ii) the redemption of our public shares if we are unable to complete our initial business        
 combination within the completion window, subject to applicable law, or (iii) the redemption      
 of our public shares properly submitted in connection with a shareholder vote to approve          
 an amendment to our amended and restated memorandum and articles of association (A) to            
 modify the substance or timing of our obligation to allow redemption in connection with our       
 initial business combination or to redeem 100% of our public shares if we have not consummated    
 an initial business combination within the completion window or (B) with respect