Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 153

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 153
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 rights or pre-initial business combination activity.                                                                   |

The net proceeds released to us from the trust
account upon the closing of our initial business combination may be used as consideration to pay the sellers of a target business with
which we complete our initial business combination. If our initial business combination is paid for using equity or debt securities, or
not all of the funds released from the trust account are used for payment of the consideration in connection with our initial business
combination, we may use the balance of the cash released from the trust account following the closing for general corporate purposes,
including for maintenance or expansion of operations of the post-transaction company, the payment of principal or interest due on indebtedness
incurred in completing our initial business combination, to fund the purchase of other companies or for working capital. There is no limitation
on our ability to raise funds through the issuance of equity-linked securities or through loans, advances or other indebtedness in connection
with our initial business combination, including pursuant to forward purchase agreements or backstop arrangements we may enter into following
consummation of this offering. However, our amended and restated memorandum and articles of association provide that, following this offering
and prior to the consummation of our initial business combination, except in connection with the conversion of Class B ordinary shares
into Class A ordinary shares where the holders of such shares have waived any rights to receive funds from the trust account, we
will be prohibited from issuing additional securities that would entitle the holders thereof to (i) receive funds from the trust
account or (ii) vote as a class with public shares on any initial business combination.

We believe that amounts not held in trust will
be sufficient to pay the costs and expenses to which such proceeds are allocated that are payable prior to the closing of our initial
business combination. However, if our estimate of the costs of undertaking in-depth due diligence and negotiating a business combination
that are payable is less than the actual amount necessary to do so, we may be required to raise additional capital, the amount, availability
and cost of which is currently unascertainable. If we are required to seek additional capital, we could seek such additional capital through
loans or additional investments from our sponsor, members of our management team or any of their affiliates, but such persons are not
under any obligation to advance funds to, or invest in, us.

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