Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 412

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 412
---
 are sufficient, and (ii) PubCo ’s shareholders’ equity exceeds the sum of the paid-up and called-up share capital any reserves to be maintained by Dutch law or the PubCo Articles of Association. Interim distributions will be made in cash, in kind or in the form of PubCo Ordinary Shares. 
 Holders of PubCo Preferred Shares will not receive any dividends in respect of the PubCo Preferred Shares; however, PubCo will maintain a separate dividend reserve for PubCo Preferred Shares for the sole purpose of the allocation of the mandatory minimal profits that accrue to the PubCo Preferred Shares. Any distribution out of a preferred shares dividend reserve or the partial or full release of any such reserve will require a prior proposal from the PubCo board of directors and a resolution of the meeting of holders of PubCo Preferred Shares, and will be made exclusively to the holders PubCo Preferred Shares in proportion to the aggregate nominal value of such PubCo Preferred Shares.                                                                                                                                                                                                                                                                                                               |

222

223

| Rights of GSR III Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |     | Rights of PubCo Shareholders                                                                                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |     | PubCo cannot derive any right to any distribution from PubCo shares, or voting rights attached to PubCo shares acquired by it.                                                                                                                                                                                                 |
| Redemption Rights                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |     |                                                                                                                                                                                                                                                                                                                                |
| Upon consummation of the initial business combination, the GSR III amended and restated memorandum and articles of association provides holders of the GSR III Class A Ordinary Shares with the opportunity to redeem their GSR III Class A Ordinary Shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account as of two (2) business days prior to the consummation of the initial business combination, including interest on the funds held in the Trust Account (net of taxes payable), divided by the number of then-outstanding GSR III Class A Ordinary Shares provided that GSR III shall not repurchase GSR III Class A Ordinary Shares in an amount that would cause GSR III’s net tangible assets to be less than $5,000,001.                                                                                                                                                                                                            |     | Holders of PubCo Ordinary Shares and PubCo Preferred Shares will have no redemption rights.                                                                                                                                                                                                                                    |
| If GSR III seeks to amend any provision of the amended and restated memorandum and articles of association that would affect the substance or timing of GSR III’s obligation to