Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 90

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 90
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 basis upon conversion of the Class B ordinary shares;                                                           |

| · | may subordinate the rights of holders of Class A ordinary shares if preference shares are issued 
 with rights senior to those afforded our Class A ordinary shares;                                |

| · | could cause a change in control if a substantial number of Class A ordinary shares are issued, which                                  
 may affect, among other things, our ability to use our net operating loss carry forwards, if any, and could result in the resignation 
 or removal of our present officers and directors;                                                                                     |

| · | may have the effect of delaying or preventing a change of control of us by diluting the share ownership 
 or voting rights of a person seeking to obtain control of us;                                           |

| · | may adversely affect prevailing market prices for our units, Class A ordinary shares and/or warrants; 
 and                                                                                                   |

| · | may not result in adjustment to the exercise price of our warrants. |

Unlike some other similarly structured SPACs, our initial shareholders will receive additional Class A ordinary shares if we issue certain shares to consummate an initial business combination.

The founder shares will automatically convert
into Class A ordinary shares (which such Class A ordinary shares delivered upon conversion will not have any redemption rights
or be entitled to liquidating distributions from the trust account if we fail to consummate an initial business combination) concurrently
with or immediately following the consummation of our initial business combination, or earlier at the option of the holder, on a one-for-one
basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like, and subject
to further adjustment as provided herein. In the case that additional Class A ordinary shares, or any other equity-linked securities,
are issued or deemed issued in excess of the amounts sold in this offering and related to or in connection with the closing of the initial
business combination, the ratio at which Class B ordinary shares convert into Class A ordinary shares will be adjusted (unless
the holders of a majority of the outstanding Class B ordinary shares agree to waive such adjustment with respect to any such issuance
or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will
equal, in the aggregate, 20% of the sum of (i) the total number of all Class A ordinary shares outstanding upon the completion
of this offering (including any Class A ordinary shares issued pursuant to the underwriters’ over-allotment option and excluding