Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 246

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 246
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ordinary share at $11.50 per share, at a price of $1.00 per private placement warrant, or $6,000,000 in the aggregate in a private placement
that will occur simultaneously with the closing of this offering. Of those 6,000,000 private placement warrants, our sponsor has agreed
to purchase 4,000,000 private placement warrants and Cantor has agreed to purchase 2,000,000 private placement warrants.

The private placement warrants will be identical
to the warrants sold in this offering except that, so long as they are held by the initial purchasers or their permitted transferees,
the private placement warrants (i) may not (including the Class A ordinary shares issuable upon exercise of these warrants),
subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our
initial business combination, (ii) will be entitled to registration rights and (iii) with respect to private placement warrants
held by Cantor and/or its designees, will not be exercisable more than five years from the commencement of sales in this offering
in accordance with FINRA Rule 5110(g)(8). A portion of the purchase price of the private placement warrants will be added to the
proceeds from this offering to be held in the trust account such that at the time of closing of this offering $200,000,000 (or $230,000,000
if the underwriters exercise their over-allotment option in full) will be held in the trust account. If we do not complete our initial
business combination within the completion window, the private placement warrants will expire worthless. The private placement warrants
are subject to the transfer restrictions described below.

Our sponsor and our officers and directors are
deemed to be our “promoters” as such term is defined under the federal securities laws. Please see “Certain Relationships and Related Party Transactions” for additional information regarding our relationships with our promoters.

Restrictions on Transfers of Founder Shares and Private Placement Warrants

The founder shares and private placement warrants
and any Class A ordinary shares issued upon conversion or exercise thereof are each subject to transfer restrictions pursuant to
lock-up provisions in the agreements entered into by our initial shareholders, our directors and officers and Cantor (solely with respect
to its purchase of private placement warrants). Those lock-up provisions provide that such securities are not transferable or saleable
(i) in the case of the founder shares, until the