UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Events.
As previously reported, on May 5, 2025, Cartesian Growth Corporation III, a Cayman Islands exempted company (the “Company”), consummated its initial public offering (the “Offering”) of 27,600,000 units (the “Units”), including the issuance of 3,600,000 Units as a result of the underwriters’ full exercise of their over-allotment option. Each Unit consists of one Class A ordinary share, par value $0.0001 per share (“Class A Ordinary Shares”), and one-half of one redeemable warrant (each, a “Warrant”), each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share at an exercise price of $11.50 per share, subject to adjustment, pursuant to the Company’s registration statements on Form S-1 (File Nos. 333-284565 and 333-286920). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds to the Company of $276,000,000.
As previously reported, on May 5, 2025, simultaneously with the consummation of the Offering, the Company consummated the private placement of 4,400,000 warrants to CGC III Sponsor LLC and 2,400,000 warrants to Cantor Fitzgerald & Co. (collectively, the “Private Placement Warrants”) at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $6,800,000 (the “Private Placement”).
A total of $276,000,000 ($10.00 per Unit) of the net proceeds from the Offering and the Private Placement, which amount includes $13,140,000 in deferred underwriting commissions, was placed in a trust account established for the benefit of the Company’s public shareholders, with Continental Stock Transfer & Trust Company acting as trustee.
An audited balance sheet as of May 5, 2025 reflecting receipt of the proceeds from the Offering and the Private Placement has been issued by the Company and is filed as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Audited Balance Sheet as of May 5, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Cartesian Growth Corporation III | |||
| By: | /s/ Peter Yu | ||
| Name: | Peter Yu | ||
| Title: | Chief Executive Officer | ||
Date: May 9, 2025