- GSR III Acquisition Corp. and Terra Innovatum Srl announced **$37.5 million** in committed equity financing in connection with their business combination, consisting of approximately **$32 million** in private investment in public equity (PIPE) capital and **$5.5 million** from a funded bridge facility that will convert to common equity.  **[2029023_0001213900-25-093094_ea025925401ex99-1_gsracq3.htm:0]** 
- The proceeds from this financing, along with the SPAC trust (net of redemptions and expenses), will be utilized to support the **licensing and construction** of Terra Innovatum’s first-of-a-kind **SOLO micro-modular reactor**.  **[2029023_0001213900-25-093094_ea025925401ex99-1_gsracq3.htm:0]** 
- An extraordinary general meeting of shareholders to approve the proposed business combination is scheduled for **October 7, 2025, at 11:00 a.m. ET**. The post-combination company is expected to trade on Nasdaq under the ticker symbol **NKLR** shortly after the closing.  **[2029023_0001213900-25-093094_ea025925401ex99-1_gsracq3.htm:0]** 
- The PIPE financing involves the sale of **3,184,000 ordinary shares** at a purchase price of **$10.00 per share**. It also includes Half Warrants to purchase up to **1,592,000 ordinary shares** at an exercise price of **$12.00 per share** and Quarter Warrants to purchase up to **796,000 ordinary shares** at an exercise price of **$16.00 per share**.  **[2029023_0001213900-25-093094_ea0259254-8k_gsracq3.htm:1]**

GSR III Acquisition (GSRT)