Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 193

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 193
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 corporate matters, including any future potential change in control or other material transaction. • Other Risks.Various other risks associated with the Business Combination, the business of GSR III and the business of Terra Innovatum described under the section entitled “ Risk Factors.” In addition to considering the factors described above, the GSR III Board also considered that the GSR III Initial Shareholders, including GSR III’s directors and executive officers have interests in the Business Combination as individuals that are in addition to, and that may be different from, the interests of GSR III’s shareholders (see “ The Business Combination — Interests of Certain Persons in the Business Combination” below). GSR III’s independent directors reviewed and considered these interests during the negotiation of the Business Combination and in evaluating and approving, as members of the GSR III Board, the Business Combination Agreement and the transactions contemplated therein, including the Business Combination. The GSR III Board concluded that the potential benefits that it expected GSR III and its shareholders to achieve as a result of the Business Combination outweighed the potentially negative factors associated with the Business Combination. Accordingly, the GSR III Board determined that the Business Combination Agreement and the Business Combination (including the Merger), were advisable, fair to, and in the best interests of, GSR III and its shareholders. To GSR III’s knowledge, no conflicts under the corporate opportunities doctrine impacted the search process or the selection of the acquisition target, or will materially affect GSR III’s ability to complete a Business Combination. The majority of the directors of GSR III have not retained an unaffiliated representative to act solely on behalf of unaffiliated security holders for purposes of negotiating the terms of Business Combination Agreement and/or preparing a report concerning the approval of the de -SPACtransaction. This explanation of the GSR III Board’s reasons for approval of the Business Combination and all other information presented in this section is forward -lookingin nature and, therefore, should be read in light of the factors discussed under “ Cautionary Note Regarding Forward -Looking Statements.” Terra Innovatum’s Reasons for the Business Combination Over the past 6 – 12 months, Terra Innovatum carefully evaluated the rapidly shifting landscape of the global energy and capital markets. The parties determined that a business combination through a de -SPACtransaction represented the most efficient and strategically aligned path to achieve Terra Innovatum’s commercialization goals and long -termmission. The decision to pursue this route was influenced by several converging macroeconomic, geopolitical, and technological trends. Global conflicts and geopolitical