Cartesian Growth Corp III Files S-1 for IPO

TL;DR

SPAC Cartesian Growth Corp III files S-1, ready to hunt for a business combo.

AI Summary

Cartesian Growth Corp III, a blank check company, filed an S-1 registration statement on January 29, 2025, to offer an unspecified number of units. The company, incorporated in the Cayman Islands and headquartered in New York, aims to pursue an initial business combination. Peter Yu serves as the Chief Executive Officer.

Why It Matters

This S-1 filing indicates Cartesian Growth Corp III is preparing to go public, potentially leading to a new investment opportunity in a special purpose acquisition company (SPAC).

Risk Assessment

Risk Level: medium — As a SPAC, the company has no operating history or revenue, and its success depends entirely on identifying and completing a suitable business combination.

Key Players & Entities

• Cartesian Growth Corp III (company) — Registrant
• Peter Yu (person) — Chief Executive Officer
• Cayman Islands (jurisdiction) — Place of incorporation
• New York (location) — Principal executive offices
• January 29, 2025 (date) — Filing date

FAQ

Key Financial Figures

• $200,000,000 — TO COMPLETION, DATED JANUARY 28, 2025 $200,000,000 Cartesian Growth Corporation III 20
• $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordinary sh
• $11.50 — ne Class A ordinary share at a price of $11.50 per share, subject to adjustment as des
• $1.00 — hare at $11.50 per share, at a price of $1.00 per private placement warrant, or $6,00
• $6,000,000 — $1.00 per private placement warrant, or $6,000,000 in the aggregate, in a private placemen
• $25,000 — s B ordinary shares for an aggregate of $25,000, up to 750,000 of which will be surrend
• $250,000 — ring or thereafter, we will repay up to $250,000 in loans made to us by our sponsor to c
• $10,000 — s, and we will begin paying our sponsor $10,000 per month for office space, utilities a
• $1,500,000 — our initial business combination, up to $1,500,000 of such loans may be convertible into w
• $100,000 — t may be due or payable, and less up to $100,000 of interest income to pay dissolution e
• $0.20 — s $ 9.35 $ 187,000,000 (1) Includes $0.20 per unit (excluding any units sold purs
• $4,000,000 — ption to purchase additional units), or $4,000,000 in the aggregate (whether or not the un
• $0.45 — closing of this offering. Also includes $0.45 per unit on units sold in this offering
• $0.65 — option to purchase additional units and $0.65 per unit on units sold in this offering
• $9,000,000 — option to purchase additional units, or $9,000,000 in the aggregate (or up to $10,950,000

Filing Documents

• tm253430d1_s1.htm (S-1) — 1958KB
• tm253430d1_ex3-1.htm (EX-3.1) — 270KB
• tm253430d1_ex4-1.htm (EX-4.1) — 18KB
• tm253430d1_ex4-2.htm (EX-4.2) — 18KB
• tm253430d1_ex4-4.htm (EX-4.4) — 147KB
• tm253430d1_ex10-1.htm (EX-10.1) — 21KB
• tm253430d1_ex10-2.htm (EX-10.2) — 54KB
• tm253430d1_ex10-3.htm (EX-10.3) — 50KB
• tm253430d1_ex10-6.htm (EX-10.6) — 85KB
• tm253430d1_ex10-10.htm (EX-10.10) — 11KB
• tm253430d1_ex10-11.htm (EX-10.11) — 102KB
• tm253430d1_ex14-1.htm (EX-14.1) — 52KB
• tm253430d1_ex23-1.htm (EX-23.1) — 2KB
• tm253430d1_ex99-1.htm (EX-99.1) — 46KB
• tm253430d1_ex99-3.htm (EX-99.3) — 3KB
• tm253430d1_ex99-4.htm (EX-99.4) — 3KB
• tm253430d1_ex99-5.htm (EX-99.5) — 3KB
• tm253430d1_ex-filingfees.htm (EX-FILING FEES) — 46KB
• tm253430d1_ex3-1img001.jpg (GRAPHIC) — 30KB
• tm253430d1_ex3-1img002.jpg (GRAPHIC) — 23KB
• 0001104659-25-006780.txt ( ) — 2966KB

Risk Factors

Risk Factors 39 Cautionary Note Regarding

Forward-Looking Statements

Forward-Looking Statements 80

Use of Proceeds

Use of Proceeds 81 Dividend Policy 84

Dilution

Dilution 85 Capitalization 87 Management’s Discussion and Analysis of Financial Condition and Results of Operations 88 Proposed Business 94 Effecting Our Initial Business Combination 109 Management 124 Principal Shareholders 132 Certain Relationships and Related Party Transactions 135

Description of Securities

Description of Securities 138 Taxation 156

Underwriting

Underwriting 166 Legal Matters 174 Experts 174 Where You Can Find Additional Information 174 Index to Financial Statements F-1 We are responsible for the information contained in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with information that is different from or inconsistent with that contained in this prospectus. We are not, and the underwriters are not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. Trademarks This prospectus contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. i Summary This summary only highlights the more detailed information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should consider in making an investment decision. You should read this entire prospectus carefully, including the information under “Risk Factors” and our financial statements and the related notes included elsewhere in this prospectus, before investing. Unless otherwise stated in this prospectus or the context otherwise requires, references to: · “we,” “us,” “company” or “our company” are to Cartesian Growth Corporation III,

View Full Filing

View this S-1 filing on SEC EDGAR