Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 347

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 347
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000 units at $10.00 per unit (the “Units”) (or 23,000,000 Units if the underwriters’
over-allotment option is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”), and the sale
of an aggregate of 6,000,000 warrants (the “Private Placement Warrants”) to the Sponsor and Cantor Fitzgerald &
Co. (“Cantor”), the representative of the underwriters of the Proposed Public Offering, at a price of $1.00 per Private Placement
Warrant, or $6,000,000 in the aggregate, in a private placement that will close simultaneously with the Proposed Public Offering. Each
Unit consists of one Class A ordinary share and one-half of one redeemable warrant. Of those 6,000,000 Private Placement Warrants,
the Sponsor has agreed to purchase 4,000,000 Private Placement Warrants and Cantor has agreed to purchase 2,000,000 Private Placement
Warrants. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share. The Company’s
management has broad discretion with respect to the specific application of the net proceeds of the Proposed Public Offering and the
Private Placement Warrants, although substantially all of the net proceeds are intended to be generally applied toward consummating a
Business Combination (less deferred underwriting commissions).

The Company’s Business Combination must
be with one or more target businesses that together have a fair market value equal to at least 80% of the net balance in the Trust Account
(as defined below) (excluding the amount of deferred underwriting discounts held and taxes payable on the income earned on the Trust
Account) at the time of the signing an agreement to enter into a Business Combination. However, the Company will only complete a Business
Combination if the post-Business Combination company owns or acquires 50% or more of the outstanding voting securities of the target
or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company
under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that
the Company will be able to successfully effect a Business Combination.

Upon the closing of the Proposed Public Offering,
management has agreed that an aggregate of $10.00 per Unit sold in the Proposed Public Offering will be held in a trust account (the
“Trust