Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 406

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 406
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c) to vote their Founder Shares and any public shares purchased during or after the GSR III IPO in favor of the Business Combination and (iii) the Founder Shares are automatically convertible into GSR III Class A Ordinary Shares at the time of the Business Combination on a one -for -onebasis, subject to adjustment pursuant to the anti -dilutionprovisions contained in GSR III’s amended and restated memorandum and articles of association. GSR III Private Placement Units Simultaneously with the consummation of the GSR III IPO and the sale of the GSR III Units, the Company consummated the private placement of 422,500 units (including underwriters’ over -allotmentexercise of 7,500 Units at a price of $10.00 per Private Placement Unit), generating total proceeds of $4,225,000. Each Private Placement Unit entitles the holder thereof to one Class A ordinary share and one -seventhof one private right to purchase one GSR III Class A ordinary share at $10.00 per share. We will not issue fractional GSR III Class A ordinary shares in connection with an exchange of rights. Fractional Class A ordinary shares will be rounded down to the nearest whole share in accordance with Cayman Islands law. The GSR III Private Placement Units have terms and provisions that are identical to the units sold as part of the GSR III IPO. The private placement units (including any private placement shares, any private placement rights and any Class A ordinary shares underlying the private placement rights) are not transferable, assignable or saleable until 30 days after the completion of initial Business Combination except pursuant to limited exceptions. Related Party Loans During June 2024, the Sponsor agreed to loan the Company up to $300,000 pursuant to a promissory note. The Note was non -interestbearing, unsecured and became due on November 8, 2024 upon the closing of the GSR III IPO. During the year ended December 31, 2024, the Company borrowed $132,984 under the Note to pay for offering costs, of which $98,228 was settled through risk capital funding and $34,756 was repaid from the proceeds of the GSR III IPO placed in the Trust Account. In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of GSR III’s officers and directors may, but are not obligated to, loan GSR III funds as may be required