Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 270

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 270
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 TopCo will effectuate the Conversion, for the purpose of participating in the Transactions and becoming the holding company for Terra Innovatum and Terra MergerCo; •New TopCo will establish Terra MergerCo as a direct wholly owned subsidiary of New TopCo; and •As part of the business combination, (i) Terra MergerCo will merge with and into GSR III (the “Merger”), with GSR III as the surviving company in the Merger, (ii) immediately following the Merger, each issued and outstanding GSR III Ordinary Share will be exchanged into one PubCo Ordinary Share, and (iii) after giving effect to the Merger and the related share exchange, GSR III will become a whlly owned subsidiary of New TopCo (New TopCo as a publicly traded company hereby referred to as PubCo). Effect of the Transactions on Existing GSR III Equity in the Business Combination Subject to the terms and conditions of the Business Combination Agreement, the Business Combination will result in, among other things, the following: •each issued and outstanding GSR III Ordinary Share will be exchanged into one PubCo Ordinary Share; •each Founder Share will be exchanged for one PubCo Ordinary Share; 117 •each GSR III Unit that is outstanding immediately prior to the Merger Effective Time shall automatically separate into their component parts; and •each whole GSR III Right that is outstanding immediately prior to the Merger Effective Time shall automatically convert into one GSR III Class A Ordinary Share. GSR III Available Cash The GSR III Available Cash will be used as follows: (i) to pay the transaction expenses incurred in connection with the Business Combination; and (ii) any remaining proceeds will remain on the consolidated balance sheet of PubCo, to be used for general working capital purposes. Material Adverse Effect Under the Business Combination Agreement, certain representations and warranties of Terra Innovatum and GSR III are qualified in whole or in part by materiality thresholds. In addition, certain representations and warranties of Terra Innovatum and GSR III are qualified in whole or in part by a material adverse effect standard for purposes of determining whether a breach of such representations and warranties has occurred. Pursuant to the Business Combination Agreement, a “ Terra Material Adverse Effect” means any event, series of events, condition, state of facts, development, change, circumstance, occurrence or effect (collectively, “Event”)that has had, or would reasonably be expected to have, individually or in the aggregate, a material adverse effect on (i