Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 256

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 256
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 will not be exercisable more than five years from the commencement of sales in this offering
in accordance with FINRA Rule 5110(g)(8).

Prior to or in connection with the completion
of our initial business combination, there may be payment by the company to our initial shareholders, officers or directors, or our or
their affiliates, of a finder’s fee, advisory fee, consulting fee or success fee for any services they render in order to effectuate
the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from
funds held outside the trust account. Additionally, our initial shareholders, officers or directors, or our or their affiliates, will
be entitled to reimbursement for any out-of-pocket expenses related to identifying, investigating and completing an initial business
combination. Our audit committee will review on a quarterly basis all payments that were made to our initial shareholders, officers,
directors, or our or their affiliates.

Commencing on the effective date of the registration
statement of which this prospectus forms a part, we will reimburse our sponsor in an 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.

Prior to the closing of this offering, our sponsor
may loan us funds in an aggregate amount of up to $250,000 to be used for a portion of the expenses of this offering. These loans would
be non-interest bearing, unsecured and are due at the earlier of March 31, 2025 or the closing of this offering. As of December 31,
2024, we had borrowed $41,626 under the promissory note with our sponsor.

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 on a non-interest basis. If we complete an initial business
combination, we would repay such loaned amounts. In the event that the 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 for such repayment.
Up to $1,500,000 of such loans may be convertible into private placement warrants of the post business combination entity at a price