Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 352

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 352
---
, Lewis Silberman and Anantha Ramamurti. The Sponsor does not engage in any other business activities and is not responsible for the day -to -dayoperations of GSR III. On May 30, 2023, the Sponsor paid $25,000 to cover certain offering costs of the Company in consideration for 5,750,000 GSR III Class B ordinary shares. The number of GSR III Class B ordinary shares collectively represented 20% of GSR III’s issued and outstanding shares upon the completion of the initial public offering. Simultaneously with the consummation of the Initial Public Offering and the sale of the Units, the Company consummated the Private Placement of 422,500 Private Placement Units (including 7,500 additional Private Placement Units as the underwriters’ over -allotmentoption was exercised in full) to the Sponsor, at a price of $10.00 per Private Placement Unit, generating total proceeds of $4,225,000. Out of the aggregate amount of $4,225,000, the amount of $4,040,000 from the sale of the Private Placement Units are added to the net proceeds from the Initial Public Offering held in the Trust Account and the balance of $185,000 is receivable from the Sponsor, which will be presented as a reduction to shareholders’ deficit. The proceeds received from the sale of the Private Placement Units held in the Trust Account was used partially to pay some general and administrative expenses. 180

The Sponsor Members have purchased membership interests equal to an aggregate of 3,252,645 Founder Shares, which will be transferred to such holders at Closing. In addition, 30,000 Founder Shares held by the Sponsor, which would represent less than 1% of PubCo, were transferred to the independent directors of GSR III. As of the date of this proxy statement/prospectus, there are no agreements, arrangements, or understandings, including any payments, between the Sponsor and unaffiliated security holders of GSR III regarding the redemption of outstanding securities of GSR III. The following table sets forth the terms and amount of compensation to be received by the Sponsor, its affiliates and promoters in connection with the Business Combination:

| Recipient |     | Terms/Manner of                                                                                                                                                                        
 Compensation/Securities                                                                                                                                                                |     |                                                                                                                                                     Value of Compensation/Securities 
                                                                                                                                                                      (if applicable) |
| Sponsor   |     | PubCo will repay to Sponsor, on GSR III’s behalf, all