Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 197

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 197
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 Innovatum’s reactor platform has been purposefully designed with specifications that materially de -riskboth its business model and regulatory pathway. These include the use of already licensed fuel (LEU), reliance on commercially available off -the -shelfcomponents, and a fully modular architecture with no requirement for an emergency planning zone. Together, these features significantly reduce technical and supply chain risks, while also enabling streamlined regulatory approvals and scalable, factory -basedproduction and deployment — propelled by the capital brought in part by the public listing. As a result, Terra Innovatum is uniquely positioned to accelerate its go -to -marketstrategy and manufacturing readiness in a sector where long development timelines are the norm. The timing of the transaction aligns with Terra Innovatum’s technology readiness, operational maturity, favorable industry framework, political frameworks, capital markets, and the intensifying global demand for zero -carbon, reliable, and secure energy solutions. Becoming a publicly listed company through a de -SPACnot only will likely provide the necessary capital to scale operations but also unlocks visibility in the U.S. capital markets, enhances brand credibility, and strengthens Terra Innovatum’s ability to attract strategic partners, institutional investors, and future customers — all in service of achieving its goal of commercial deployment by 2028. Benefits and Detriments of the Business Combination

| Stakeholder                            |     | Benefits                                                                                                                                                                                                                                                                                                             |     | Detriments                                                                                                                                                                                                                                                                             |
| GSR III                                |     | Failure to complete a business combination would result in GSR III and the Trust Account being liquidated. The Business Combination would create value for GSR III and its shareholders.                                                                                                                             |     | GSR III could potentially have found a target that may have a more optimal risk/return profile than Terra Innovatum. In this case, GSR III, its shareholders and affiliates would stand to benefit more than in the Business Combination with Terra Innovatum.                         |
| Sponsor and Other Initial Shareholders |     | Failure to complete a business combination would result in GSR III and the Trust Account being liquidated, and the Sponsor’s investment in shares of GSR III Ordinary Shares and GSR III Private Placement Units would be worthless. The Business Combination would create value for the Sponsor and its affiliates. |     | GSR III could potentially have found a target that may have a more optimal risk/return profile than Terra Innovatum. In this case, GSR III, its shareholders (including the Sponsor) and affiliates would stand to benefit more than in the Business Combination with Terra Innovatum. |