Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 51

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 51
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 Massimo Morichi, Chief Strategy Officer, Guillaume Moyen, Chief Financial Officer and Giordano Morichi, Chief Business Development Officer. These individuals are intended to continue to serve as Terra Innovatum’s executive officers upon the Closing. Upon the Closing, PubCo will be governed through a single -tieredboard of directors comprised of nine members, with each director subject to annual re -electionand appointed for a term ending at the close of the first annual general meeting following his or her appointment. Please see the section entitled “ Board of Directors and Senior Management of PubCo After the Business Combination — Senior Management of Terra Innovatum” for additional information. Q.What will GSR III shareholders receive in the Business Combination? A.Upon consummation of the Merger, each GSR III Class A Ordinary Share and each GSR III Class B Ordinary Share will be exchanged for one PubCo Ordinary Share through Continental Stock Transfer & Trust Company acting as exchange agent for the benefit and account of the former holders of the GSR III Class A Ordinary Shares and GSR III Class B Ordinary Shares. The as -exchangedClass B Shares will be subject to the Vesting Conditions (as defined below) whereby 90% of the Exchanged Shares would continue to be held by their respective holders free and clear following the Closing and 10% of the Vesting Shares would be subject to vesting conditions until the satisfaction of the relevant vesting conditions or lapse of the prescribed period of time. See the section entitled “ Shares Eligible for Future Sale — Vesting Sponsor Shares.” Q.What will GSR III unitholders receive in the Business Combination? A.Immediately prior to consummation of the Business Combination, the GSR III Public Units will automatically separate into their component parts, and holders of GSR III Public Units will receive one Class A Share and one seventh of one GSR Right. Q.What will Terra Innovatum quotaholders receive in the Business Combination? A.Upon the effective time of the Merger, legacy Terra Innovatum Quotaholders will be issued (i) 47,500,000 PubCo Ordinary Shares and (ii) 8,000 PubCo Preferred Shares. The PubCo Preferred Shares will be classified as an equity linked instrument and not an outstanding share. These shares will mandatorily convert into shares of PubCo Ordinary Shares in four tranches subsequent to the Closing, subject to PubCo meeting certain contingencies, at a conversion ratio of 10,000 PubCo Ordinary Shares per PubCo Preferred