Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 70

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 70
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 of any other company, or depository receipts in respect thereof, which shares or depository receipts at the effective date of the merger or consolidation, are either listed on a national securities exchange or designated as a national market system security on a recognised interdealer quotation system or held of record by more than two thousand holders; (c) cash in lieu of fractional shares or fractional depository receipts described in paragraphs (a) and (b); or (d) any combination of the shares, depository receipts and cash in lieu of fractional shares or fractional depository receipts described in paragraphs (a), (b) and (c). GSR III shareholders who are considering exercising dissenter’s rights are advised to consult appropriate legal counsel. xxxii

Q.What happens to the funds held in the Trust Account upon consummation of the Business Combination? A.If the Business Combination is consummated, the funds held in the Trust Account, will be used to: (i) pay GSR III public shareholders who properly exercise their redemption rights; (ii) pay approximately $9.2 million in deferred underwriting commissions to the underwriters of the GSR III IPO; and (iii) pay or cause to be paid certain other fees, costs and expenses (including regulatory fees, legal fees, accounting fees, printer fees and other professional fees) that were incurred by GSR III and Terra Innovatum in connection with the Business Combination pursuant to the terms of the Business Combination Agreement. Any remaining funds will be used by PubCo for general corporate purposes. The following table illustrates the Deferred Underwriting Commission at each redemption level below:

|                                                                                                          |     | Assuming    
 No          
 Redemptions 
 Into Cash   |             |   |     | Assuming    
 50%         
 Redemptions 
 Into Cash   |             |   |     | Assuming    
 Maximum     
 Redemptions 
 Into Cash   |            |   |
|:---------------------------------------------------------------------------------------------------------|:----|:------------|------------:|:--|:----|:------------|------------:|:--|:----|:------------|-----------:|:--|
| Deferred Underwriting Commission                                                                         |     | $           |   9,200,000 |   |     | $           |   9,200,000 |   |     | $           |  9,200,000 |   |
| Remaining cash held in Trust Account following redemptions(1)                                            |     | $           | 238,648,776 |   |     | $           |