Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 351

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 351
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 the target sufficient for it not to be required to register as an investment company
under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that
the Company will be able to successfully effect a Business Combination.

Upon the closing of the Proposed Public Offering,
management has agreed that an aggregate of $10.00 per Unit sold in the Proposed Public Offering will be held in a trust account (the
“Trust Account”) and initially be invested only in U.S. government treasury obligations with a maturity of 185 days
or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act which invest only
in direct U.S. government treasury obligations; the holding of these assets in this form is intended to be temporary and for the
sole purpose of facilitating the intended Business Combination. To mitigate the risk that the Company might be deemed to be an investment
company for purposes of the Investment Company Act, which risk increases the longer that the Company holds investments in the Trust Account,
the Company may, at any time (based on the management team’s ongoing assessment of all factors related to the Company’s potential
status under the Investment Company Act), instruct the trustee to liquidate the investments held in the Trust Account and instead to
hold the funds in the Trust Account in cash or in an interest bearing demand deposit account at a bank. Except with respect to interest
earned on the funds held in the Trust Account that may be released to the Company to pay its taxes, if any, the proceeds from the Proposed
Public Offering and the sale of the Private Placement Warrants will not be released from the Trust Account until the earliest of (i) the
completion of the Company’s initial Business Combination, (ii) the redemption of the Company’s public shares if the
Company is unable to complete the initial Business Combination within 24 months from the closing of the Proposed Public Offering,
or by such earlier date as the Company’s board of directors may approve, or such other time period in which the Company must complete
an initial Business Combination pursuant to an amendment to the Company’s amended and restated memorandum and articles of association
(the “Articles”) approved by the Company’s shareholders (the “Completion Window”), subject to applicable
law, or (iii) the redemption of the Company’s public shares properly submitted in connection with a shareholder vote to amend
the Articles to (A) modify the substance or timing of the Company’s obligation to allow redemption in connection with