Company: CGCT
Filing Date: 2025-03-21
Form Type: S-1/A
Source: 0001104659-25-026623
Chunk: 198

Company: Cartesian Growth Corp III
Filing Date: 2025-03-21
Form: S-1/A
Chunk 198
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 extent permitted by law: (i) no individual serving as a director or an officer, among other persons,
shall have any duty, except and to the extent expressly assumed by contract, to refrain from engaging directly or indirectly in the same
or similar business activities or lines of business as us, and (ii) we renounce any interest or expectancy in, or in being offered
an opportunity to participate in, any potential transaction or matter which (a) may be a corporate opportunity for any director
or officer, on the one hand, and us, on the other or (b) the presentation of which would breach an existing legal obligation of
a director or officer to any other entity. As a result, the fiduciary duties or contractual obligations of our officers or directors
could materially affect our ability to complete our initial business combination.

In addition, our sponsor and our officers and
directors may sponsor or form other SPACs similar to ours or may pursue other business or investment ventures during the period in which
we are seeking an initial business combination, including with respect to CGC II. As a result, our sponsor, officers and directors could
have conflicts of interest in determining whether to present business combination opportunities to us or to any other SPAC with which
they may become involved. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial
business combination target, which could materially affect our ability to complete our initial business combination.

While we expect that CGC II will have priority
over us with respect to acquisition opportunities, we do not believe that any potential conflicts would materially affect our ability
to identify a suitable target and to consummate our initial business combination. Our management team has significant experience in identifying
and executing multiple acquisition opportunities simultaneously, and we believe there are multiple potential opportunities within the
industries and geographies of our primary focus. Additionally, in October 2024, CGC II announced that it has entered into a non-binding
letter of intent with a potential target with respect to its initial business combination. However, there is no guarantee that CGC II
will be able to enter into a definitive business combination agreement with such potential target or, if such agreement is entered into,
that it will ultimately be able to consummate a business combination with such potential target.

Status as a Public Company

We believe our structure will make us an attractive
business combination partner to target businesses. As an existing public company, we offer a target business an alternative to the traditional
initial