Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 196

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 196
---
 2050. Large tech companies like Amazon and Google have begun allocating capital into nuclear solutions such as small and micro -modularreactors (SMRs/MMRs), signaling a clear market shift toward nuclear as a viable long -termenergy solution. In parallel, capital markets have responded with a resurgence of nuclear -relatedinvestments. In early 2025, assets held in nuclear ETFs surpassed those in all other energy categories combined. Prominent investors, including Bill Gates, have announced their intention to publicly commit billions to nuclear innovation, and SPAC activity in the sector has intensified — with investments between public and private sector over $1 billion allocated to nuclear -focusedtransactions in the past year alone. SPACs have re -emergedas a suitable vehicle for advanced energy companies like Terra Innovatum seeking both capital and strategic visibility to scale and commercialize breakthrough technologies. 76

While Terra Innovatum did consider a public listing through a traditional IPO, it determined that the SPAC route offered a more compelling and strategic path forward. Most notably, the de -SPACprocess allows for an expedited timeline to public listing, increased transaction certainty amid evolving capital markets, and stronger market positioning — leveraging Terra Innovatum’s advanced nuclear technology and its potential to emerge as a leader in the next generation of clean energy solutions in respect to other peers. Importantly, this approach mirrors the successful public listings of other advanced nuclear companies such as NuScale, Oklo, and X -Energy, all of which have completed de -SPACtransactions resulting in multi -billion -dollarvaluations and heightened investor interest in the sector. The opportunity to partner with GSR III was another key driver. GSR III brings a highly experienced team with deep capital markets and SPAC expertise, having advised on 23 business combinations as advisors, and completed 2 business combinations as principals for GSR II Acquisition Corp. and Graf Acquisition Corp. IV, since 2020. This partnership offers Terra Innovatum not only capital access but also strategic advisory support as it transitions into its next phase of growth. The structure — anchored by a $475 million equity valuation and a shareholder -friendlyframework — was intentionally designed to promote long -terminvestor alignment and maximize value creation. Terra’s technology readiness was a key factor in the decision to pursue a SPAC transaction. Since its founding in 2018 and initial funding in 2021, Terra Innovatum has achieved meaningful progress toward commercialization, positioning itself ahead of many competitors still in early -stageR&D. Terra