Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 149

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 149
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 investments in the trust account, GSR III may, at any time (and will no later than 15months (or up to 18months with extensions) from the closing of this offering) instruct the trustee to liquidate the investments held in the trust account and instead to hold the funds in the trust account in cash or in an interest bearing demand deposit account. Pursuant to the trust agreement, the trustee is not permitted to invest in other securities or assets. By restricting the investment of the proceeds to these instruments, and by having a business plan targeted at acquiring and growing businesses for the long term (rather than on buying and selling businesses in the manner of a merchant bank or 49 private equity fund), GSR III intends to avoid being deemed an “investment company” within the meaning of the Investment Company Act. The IPO of GSR III was not intended for persons who are seeking a return on investments in government securities or investment securities. The trust account is intended as a holding place for funds pending the earliest to occur of: (i) the completion of its initial business combination; (ii) the redemption of any public shares properly submitted in connection with a stockholder vote to amend its amended and restated certificate of incorporation (A) to modify the substance or timing of its obligation to offer redemption rights in connection with any proposed initial business combination or certain amendments to its amended and restated certificate of incorporation prior thereto or to redeem 100% of its public shares if GSR III does not complete its initial business combination within the completion window; or (B) with respect to any other material provision relating to stockholders’ rights or pre -initialbusiness combination activity; or (iii) absent an initial business combination within the completion window, from the closing of this offering, its return of the funds held in the trust account to its public stockholders as part of its redemption of the public shares. On January24, 2024, the SEC issued final rules (the “ 2024 SPAC Rules”), effective as of 125 days following the publication of the 2024 SPAC Rules in the Federal Register. The 2024 SPAC Rules, among other items, could impact the extent to which SPACs could become subject to regulation under the Investment Company Act. The 2024 SPAC Rules may materially adversely affect its business, including its ability to negotiate and complete, and the costs associated with, its initial business combination, and results of operations. If GSR III were deemed to be an unregistered investment company for