Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 196

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 196
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 right to exchange their Class A  
 ordinary shares for cash, securities or other property; provided, however, that in the case of clauses (a) through (h), these            
 permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions 
 contained in the letter agreements. Except in certain limited circumstances, no member of our sponsor may transfer all or any portion    
 of its membership interests in our sponsor.                                                                                              |
| Private                                                                                                                            
 placement warrants(1)                                                                                                              |     | 30 days after the completion                                                                                                     
 of our initial business combination                                                                                              |     | CGC III Sponsor LLC            
 CGC III Sponsor DirectorCo LLC 
 Peter Yu                       
 Rafael de Luque                
 Ali Bouzarif                   
 Kevin Gold                     
 Sanford Litvack                |     | Same as above                                                                                                                            |
| Any                                                                                                                                
 units, warrants, ordinary shares or any other securities convertible into, or exercisable or exchangeable for, any units, ordinary 
 shares or warrants                                                                                                                 |     | 180 days                                                                                                                         |     | CGC III Sponsor LLC            
 CGC III Sponsor DirectorCo LLC 
 Peter Yu                       
 Rafael de Luque                
 Ali Bouzarif                   
 Kevin Gold                     
 Sanford Litvack                |     | Cantor, as the representative                                                                                                            
 of the underwriters in this offering, in its sole discretion may release any of the securities subject to these lock-up agreements       
 at any time without notice, other than in the case of the officers and directors, which shall be with notice. Our initial shareholders,  
 officers and directors are also subject to separate transfer restrictions on their founder shares and private placement warrants         
 pursuant to the letter agreements described in the immediately preceding paragraphs.                                                     |

<div align='center'>103</div>

(1) The private
placement warrants to be purchased by Cantor will also be subject to such restrictions and other transfer restrictions under FINRA rules.
See the section entitled “Underwriting” for more information.

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.
In addition, in order to facilitate our initial business combination or for any other reason determined by our sponsor or DirectorCo,
each in its sole discretion, our sponsor or DirectorCo may surrender or forfeit, transfer or exchange our founder shares, private placement
warrants or any of our other securities, including for no consideration, as well as subject any such