Company: CGCT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001104659-25-112445
Chunk: 2

Company: Cartesian Growth Corp III
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1F
Chunk 2
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Item 1. Financial Statements.

CARTESIAN GROWTH CORPORATION III

CONDENSED BALANCE SHEETS

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​​​​​​​​    September 30,     December 31, ​​2025​2024​​(Unaudited)​​​Assets ​   ​  Current assets​​​​​​Cash​$ 660,638​$—Prepaid insurance - current​​ 112,307​​—Prepaid expenses​​ 52,265​​ 3,202Total current assets​​ 825,210​​ 3,202Deferred offering costs​​—​​ 263,676Prepaid insurance – long term​​ 65,512​​—Investments held in Trust Account​​ 280,669,717​​—Total Assets​$ 281,560,439​$ 266,878​​​ ​​​​Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit​  ​​   Current Liabilities​​ ​​​​Accrued offering costs​$ 75,000​$ 242,872Accrued expenses​​ 321,183​​—Promissory note – related party​  —​  41,626Total current liabilities​  396,183​ 284,498Deferred underwriting fee​​ 13,140,000​​ —Total Liabilities​​ 13,536,183​​284,498​​​​​​​Commitments and Contingencies (Note 6)​​​​​​Class A ordinary shares subject to possible redemption, 27,600,000 shares at redemption value of approximately $10.17 and $0 per share as of September 30, 2025 and December 31, 2024, respectively​​ 280,669,717​​—​​​​​​​Shareholders’ Deficit​   ​​ ​Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding​ —​ —Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; none issued and outstanding (excluding 27,600,000 and 0 shares subject to possible redemption as of September 30, 2025 and December 31, 2024, respectively)​ —​ —Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 6,900,000 shares issued and outstanding as