Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 254

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 254
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 in this offering).
Prior to the closing of our initial business combination, only holders of our Class B ordinary shares will be entitled to vote on
the appointment and removal of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special
resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving
a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Because of this ownership block, our initial shareholders
may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including the appointment
of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend
our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of
continuation in a jurisdiction outside the Cayman Islands), and approval of significant corporate transactions including our initial business
combination.

Our sponsor and Cantor have committed, pursuant
to written agreements, to purchase an aggregate of 6,000,000 private placement warrants, each exercisable to purchase one Class A
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