Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 307

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 307
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 or former long-term residents of the United States; |

| · | except                                                                                   
 as specifically provided below, persons that actually or constructively own five percent 
 or more (by vote or value) of our shares;                                                |

| · | persons                                                                                       
 that acquired our securities pursuant to an exercise of employee share options, in connection 
 with employee share incentive plans or otherwise as compensation;                             |

| · | persons                                                                                         
 that hold our securities as part of a straddle, constructive sale, hedge, wash sale, conversion 
 or other integrated or similar transaction;                                                     |

| · | U.S. Holders                                      
 whose functional currency is not the U.S. dollar; |

| · | controlled            
 foreign corporations; |

| · | passive                           
 foreign investment companies; and |

| · | partnerships                                                                               
 (or entities or arrangements classified as partnerships or other pass-through entities for 
 U.S. federal income tax purposes) and any beneficial owners of such partnerships.          |

Moreover, the discussion below is based upon
the provisions of the Code, the Treasury regulations promulgated thereunder and administrative and judicial interpretations thereof,
all as of the date hereof, and such provisions may be repealed, revoked, modified or subject to differing interpretations, possibly on
a retroactive basis, which may result in United States federal income tax consequences different from those discussed below. Furthermore,
this discussion does not address any aspect of United States federal non-income tax laws, such as gift or estate tax laws, or state,
local or non-United States tax laws.

We have not sought, and do not expect to seek,
a ruling from the IRS as to any United States federal income tax consequence described herein. The IRS may disagree with the discussion
herein, and its determination may be upheld by a court. Moreover, there can be no assurance that future legislation, regulations, administrative
rulings or court decisions will not adversely affect the accuracy of the statements in this discussion.

If a partnership (or other entity or arrangement
classified as a partnership or other pass-through entity for United States federal income tax purposes) is the beneficial owner
of our securities, the United States federal income tax treatment of a partner, member or beneficial owner in such partnership or
other pass-through entity generally will depend on the status of the partner, member or other beneficial owner and the activities of
the partnership or other pass-through entity. Partners, members or other beneficial owners of a partnership or other pass-through entity
holding our securities are urged to consult their own tax advisors regarding