Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 192

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 192
---
 post -closingcorporate governance rights in Terra Innovatum, including the right to nominate two directors to the PubCo board of directors, as further described in “ Description of PubCo Securities — Board of Directors — Nomination and Appointment.” • Negotiated Transaction .The financial and other terms of the Business Combination Agreement and the fact that such terms and conditions were the product of arm’s length negotiations between GSR III and Terra Innovatum. The GSR III Board also considered a variety of uncertainties and risks and other potentially negative factors concerning the Business Combination, including, but not limited to, the following: • Macroeconomic Risks .The risk that the future financial performance of PubCo may not meet the GSR III Board’s expectations due to factors in PubCo’s control or out of its control. • Redemption Risk .The potential that a significant number of GSR III’s shareholders elect to redeem their shares prior to the consummation of the Business Combination and pursuant to the GSR III amended and restated memorandum and articles of association. • Execution Risk .The potential risks and costs to GSR III if the Business Combination is not completed. • Exclusivity.The fact that the Business Combination Agreement includes an exclusivity provision that prohibits GSR III from soliciting other business combination proposals, as further discussed in “ The Business Combination Agreement and Ancillary Documents — Covenants of the Parties — Covenants of GSR III.” • Stockholder Vote .The risk that GSR III’s shareholders may fail to provide the votes necessary to approve and effect the Business Combination. • Closing Conditions .The completion of the Business Combination is conditioned on the satisfaction of certain closing conditions that are not within GSR III’s control. • Listing Risks .The challenges associated with preparing Terra Innovatum, a privately held entity, for the applicable disclosure, controls and listing requirements to which Terra Innovatum will be subject as a publicly traded company on Nasdaq. • Litigation .The possibility of litigation challenging the Business Combination or that an adverse judgment granting permanent injunctive relief could indefinitely enjoin consummation of the Business Combination; 74 • Fees and Expenses .The expected fees and expenses associated with the Business Combination, some of which would be payable regardless of whether the Business Combination is ultimately consummated. • GSR III Shareholders Receiving a Minority Position in Terra Innovatum .The fact that current GSR III shareholders will hold a minority interest in Terra Innovatum, which will limit or preclude the ability of GSR III’s current shareholders to influence