Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 210

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 210
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 Public Offering held in the Trust Account. 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.

Transaction costs amounted
to $11,084,352, consisting of $975,000 of cash underwriting fees, $9,200,000 of deferred underwriting fees which will be paid on the consummation
of initial Business Combination, and $909,352 of other offering costs.

<div align='center'>F-7

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

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

Upon the closing of the
Initial Public Offering and the Private Placement, $230,000,000 ($10 per Unit) of the net proceeds of the Initial Public Offering
and certain of the proceeds of the Private Placement were placed in a trust account (“Trust Account”) with Continental
Stock Transfer & Trust Company acting as trustee and invested only in in either (i) U.S. governmenttreasury obligations with a maturity of 185 days or less or in money market funds meeting certain
conditions under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations, (ii)
as uninvested cash, or (iii) an interest or non-interest bearing bank demand deposit account or other accounts at a bank. The trust account is intended as a holding place for funds pending the earliest to occur of: (i) the completion of initial Business Combination; (ii) the redemption of any public shares properly submitted in connection with a shareholder vote to amend amended and restated memorandum and articles of association (A) to modify the substance or timing of obligation to offer redemption rights in connection with any proposed initial Business Combination or certain amendments to amended and restated memorandum and articles of association prior thereto or to redeem 100% of our public shares if initial Business Combination is not completed within the completion window; or (B) with respect to any other material provision relating to shareholders’ rights or pre-initial Business Combination activity; or (iii) absent an initial Business Combination within the completion window, from the closing of Initial Public Offering, return of the funds held in the trust account to public shareholders as part of redemption of the public shares.

TheNasdaq listing rules require that initial Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least