Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 289

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 289
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5, and the related notes included elsewhere in this proxy statement/prospectus; •other information relating to GSR III and Terra Innovatum contained in this proxy statement/prospectus, including in the sections entitled “ GSR III’s Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “ Terra Innovatum’s Management’s Discussion and Analysis of Financial Condition and Results of Operations,” the Annexes and other financial information relating to each of GSR III and Terra Innovatum included elsewhere in this proxy statement/prospectus. Redemption Scenarios The unaudited pro forma condensed combined financial information presents two redemption scenarios as follows: • No Redemption Scenario:This scenario assumes that no holders of GSR III Class A Ordinary Shares subject to possible redemption exercise their right to have their GSR III Class A Ordinary Shares redeemed for their pro rata share of the Trust Account. • Maximum Redemption Scenario:This scenario assumes that 19,580,736 GSR III Class A Ordinary Shares are redeemed, resulting in an aggregate cash payment of approximately $203.2 million out of the Trust Account based on an assumed redemption price of $10.38 per share based on an aggregate amount of the funds held in the Trust Account of approximately $238.6 million. 1The Business Combination Agreement includes as conditions to the Closing that, at the Closing, GSR III will have (A) at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51 -1(g)(1) of the Exchange Act), and (B) will meet the $25.0 million GSR III Available Cash condition as defined in the Business Combination Agreement. The Maximum Redemption Scenario reflects the redemption of the maximum number of GSR III Class A Ordinary ____________ 1Amount equal to: (i) $233.8million balance of cash and investments held in Trust Account on GSR III’s historical balance sheet as of March 31, 2025, plus (ii) $4.8 million actual and expected dividends on investments held in the Trust Account subsequent to March 31, 2025 through the estimated Closing Date of September 30, 2025. 132 Shares subject to possible redemption that can be redeemed while allowing both the minimum net tangible assets and GSR III Available Cash conditions to be met. The Maximum Redemption Scenario includes all adjustments contained in the No Redemption Scenario and presents additional adjustments to reflect the effect of the Maximum Redemption Scenario. The unaudited pro forma condensed combined financial information is provided for