Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 137

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 137
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to be equal to 180% of the higher of the Market Value and the Newly Issued Price. This may make it more difficult for us to consummate
an initial business combination with a target business.

We may redeem your unexpired warrants prior to their exercise at a time that is disadvantageous to you, thereby making your warrants worthless.

We have the ability to redeem outstanding warrants
at any time prior to their expiration, at a price of $0.01 per warrant, provided that the closing price of our Class A ordinary shares
equals or exceeds $18.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and
the like) for any 20 trading days within a 30 trading-day period commencing at least 30 days after completion of our
initial business combination and ending on the third trading day prior to the date on which we give proper notice of such redemption
to the warrants holders and provided certain other conditions are met. We will not redeem the warrants as described above unless a registration
statement under the Securities Act covering the issuance of the Class A ordinary shares issuable upon exercise of the warrants is
then effective and a current prospectus relating to those Class A ordinary shares is available throughout the measurement period.
If and when the warrants become redeemable by us, we may not exercise our redemption right if the issuance of ordinary shares upon exercise
of the warrants is not exempt from registration or qualification under applicable state blue sky laws or we are unable to effect such
registration or qualification. We will use our best efforts to register or qualify such ordinary shares under the blue sky laws of the
state of residence in those states in which the warrants were offered by us in this offering. Redemption of the outstanding warrants could
force you to (i) exercise your warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do
so, (ii) sell your warrants at the then-current market price when you might otherwise wish to hold your warrants or (iii) accept
the nominal redemption price which, at the time the outstanding warrants are called for redemption, is likely to be substantially less
than the market value of your warrants.

Our warrants may have an adverse effect on the market price of our Class A ordinary shares and make it more difficult to effectuate our initial business combination.

We will be issuing warrants to purchase 10,000,000
of our Class A ordinary shares (or up to 11,500,000