Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 249

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 249
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000 Class A
ordinary shares underlying the private placement warrants and (iii) 1,500,000 Class A ordinary shares underlying the private
placement-equivalent warrants issued upon conversion of working capital loans. The number of warrants includes up to 6,000,000 private
placement warrants and 1,500,000 private placement-equivalent warrants issued upon the conversion of working capital loans. The holders
of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition,
the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to our
completion of our initial business combination. Notwithstanding anything to the contrary, Cantor may only make a demand on one occasion
and only during the five-year period beginning from the commencement of sales in this offering. In addition, Cantor may participate in
a “piggy-back” registration only during the seven-year period beginning from the commencement of sales in this offering.
We will bear the expenses incurred in connection with the filing of any such registration statements.

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Certain Relationships and Related Party Transactions</div>

Pursuant to certain subscription agreements dated
October 29, 2024, on November 12, 2024, our initial shareholders paid an aggregate of $25,000, or approximately $0.004 per
share, to cover certain of our offering costs in exchange for an aggregate of 5,750,000 founder shares.

The number of founder shares outstanding was
determined based on the expectation that the total size of this offering would be a maximum of 23,000,000 units if the underwriters’
over-allotment option is exercised in full, and therefore that such founder shares would represent 20% of the outstanding ordinary shares
after this offering. Up to 750,000 of the founder shares will be surrendered by our sponsor to us for no consideration depending on the
extent to which the underwriters’ over-allotment option is exercised. If we increase or decrease the size of this offering, we
will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to
our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the number of founder
shares at 20% of our issued and outstanding ordinary shares upon the consummation of this offering.

Our sponsor and Cantor have committed to purchase
an