Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 360

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 360
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 the trust account are reduced below (i) $10.00 per public share or (ii) such lesser amount per public share held in the trust account as of the date of the liquidation of the trust account, due to reductions in value of the trust assets, in each case in each case net of permitted withdrawals and up to $100,000 of interest to pay dissolution expenses, and the Sponsor asserts that it is unable to satisfy its indemnification obligations or that it has no indemnification obligations related to a particular claim, GSR III’s independent directors would determine whether to take legal action against the Sponsor to enforce its indemnification obligations. While GSR III currently expects that GSR III’s independent directors would take legal action on GSR III’s behalf against the Sponsor to enforce its indemnification obligations to us, it is possible that GSR III’s independent directors in exercising their business judgment may choose not to do so in any particular instance. Accordingly, GSR III cannot assure you that due to claims of creditors the actual value of the per -shareredemption price will not be substantially less than $10.00 per share. See “ Risk Factors — Risks Related to the Business Combination and GSR III — If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per share redemption amount received by shareholders may be less than $10.00 per share (which was the offering price in GSR III’s initial public offering)” and other risk factors contained herein. GSR III will seek to reduce the possibility that the Sponsor will have to indemnify the trust account due to claims of creditors by endeavoring to have all vendors, service providers (other than GSR III’s independent auditors), prospective target businesses and other entities with which GSR III does business execute agreements with us waiving any right, title, interest or claim of any kind in or to monies held in the trust account. The Sponsor will also not be liable as to any claims under GSR III’s indemnity of the underwriters of the initial public offering against certain liabilities, including liabilities under the Securities Act. If GSR III files a winding -upor bankruptcy petition or an involuntary winding -upor bankruptcy petition is filed against us that is not dismissed, the proceeds held in the trust account could be subject to applicable insolvency law, and may be included in GSR III’s insolvency estate and subject to the claims of third parties with priority over the claims of GSR III’s shareholders. To the extent any