Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 186

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 186
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 Combination is qualified in its entirety by reference to the Business Combination Agreement, a copy of which is included in this proxy statement / prospectus as Appendix A. You should read the Business Combination Agreement in its entirety because it, and not this prospectus, is the legal document that governs the Business Combination. Background of the Business Combination GSR III is a blank check company incorporated under the laws of the Cayman Islands as an exempted company with limited liability on May 12, 2023 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The business combination is the result of an extensive search for a potential transaction, whereby GSR III evaluated potential targets utilizing GSR III’s strong self -originationcapabilities and underwriting capabilities, as well as the global network of our Sponsor, GSR III’s management team, and members of the GSR III Board. The terms of the Business Combination are the result of extensive negotiations among the representatives of GSR III and Terra Innovatum. The following is a brief discussion of the background of these negotiations and the resulting terms of the business combination. On November 8, 2024, GSR III completed its initial public offering. Prior to the consummation of the GSR III IPO, neither GSR III, nor anyone on its behalf, contacted any prospective target business or held any substantive discussions, formal or otherwise, with respect to a transaction with GSR III. After the GSR III IPO, GSR III commenced an active search for prospective businesses and assets to acquire with one or more of the following core attributes: •provide visibility into financials, including a path to sustained long -termprofitability and attractive cash flow dynamics; •enjoy leading positions in their markets with sustainable competitive advantages and barriers to market entry; •have potential to grow both organically and through acquisitions; •have an experienced and capable management team; •address issues related to environmental, social, and governance concerns; and •would benefit uniquely from GSR III’s capabilities. In addition, GSR III looked for acquisition targets that were positioned, operationally and financially, to be successful as a public company. GSR III further looked for those transactions that it believed, if entered into, would be well -receivedby the public markets and would benefit from being a publicly -heldentity, particularly with respect to access to capital for both organic growth and for use in acquisitions. GSR III’s selection process leveraged its