Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 332

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 332
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 in this offering. The underwriters may close
out any covered short position by either exercising the overallotment option or purchasing our units in the open market or from market
participants. In determining the source of units to close out the covered short position, the underwriters will consider, among other
things, the price of units available for purchase in the market as compared to the price at which they may purchase units through the
overallotment option.

“Naked” short sales are sales in
excess of the option to purchase additional units. The underwriters must close out any naked short position by purchasing units in the
open market. A naked short position is more likely to be created if the underwriters are concerned that there may be downward pressure
on the price of the units in the open market after pricing that could adversely affect investors who purchase in this offering.

A stabilizing bid is a bid for the purchase of
units on behalf of the underwriters for the purpose of fixing or maintaining the price of the units. A syndicate covering transaction
is the bid for or the purchase of units on behalf of the underwriters to reduce a short position incurred by the underwriters in connection
with the offering. Similar to other purchase transactions, the underwriters’ purchases to cover the syndicate short sales may have
the effect of raising or maintaining the market price of our units or preventing or retarding a decline in the market price of our units.
As a result, the price of our units may be higher than the price that might otherwise exist in the open market. A penalty bid is an arrangement
permitting the underwriters to reclaim the selling concession otherwise accruing to a syndicate member in connection with the offering
if the units originally sold by such syndicate member are purchased in a syndicate covering transaction and therefore have not been effectively
placed by such syndicate member.

Neither we nor any of the underwriters make any
representation or prediction as to the direction or magnitude of any effect that the transactions described above may have on the price
of our units. The underwriters are not obligated to engage in these activities and, if commenced, may end any of these activities at
any time. These transactions may be effected on Nasdaq, in the over-the-counter market or otherwise.

We estimate that our portion of the total expenses
of this offering payable by us will be $750,000, excluding underwriting discounts and commissions. We have agreed to reimburse the underwriters
for certain of its out-of-pocket costs for