Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 238

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 238
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 the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), is restricted from
redeeming its shares with respect to more than an aggregate of 15% or more of the Class A ordinary shares sold in the Initial Public
Offering, without the prior consent of the Company.

Business Combination

If the Company is unable
to complete an initial Business Combination within the 18 or 21-month period, it may seek an amendment to amended and restated memorandum
and articles of association to extend the period of time to complete an initial Business Combination beyond 21 months. The Company’s
amended and restated memorandum and articles of association requires at least a special resolution of shareholders as a matter of Cayman
Islands law, meaning that such an amendment be approved by at least two-thirds of ordinary shares who, being entitled to do so, attend
and vote (either in person or by proxy) at a general meeting of the company. If the Company seeks shareholder approval to extend beyond
the 21-month period in which to complete an initial Business Combination to a later date, The Company is required to offer public shareholders
the right to have their public ordinary shares redeemed for a pro rata share of the aggregate amount then on deposit in the trust account,
including interest (less permitted withdrawals and up to $100,000 of interest to pay dissolution expenses). There are no limitations to the number of times that the Company may seek shareholder approval or that shareholders may approve to extend beyond the 21-month period in which to complete a Business Combination at a later date. If the initial Business Combination is not completed in the period provided, the membership interests of the Sponsor become worthless.

<div align='center'>F-26

GSR III ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS</div>

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (cont.)

Going Concern Consideration

In
connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s
Accounting Standards Update 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,”
we have determined that mandatory liquidation, should we not complete a Business Combination and an extension of our deadline to do so
not be approved by the stockholders of the Company, and potential subsequent dissolution and the liquidity issue raise substantial doubt
about the Company’s ability to continue as a going concern if it does not complete a Business Combination