Company: NKLR
Filing Date: 2025-05-14
Form Type: S-4
Source: 0001213900-25-043376
Chunk: 193

Company: Terra Innovatum Global N.V.
Filing Date: 2025-05-14
Form: S-4
Chunk 193
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 to change based upon how Terra Innovatum’s business develops and such changes may be significant and differ materially from those estimates provided herein. The unit economics of the 1 MWe SOLO nuclear reactor assume all regulatory approvals have been obtained on expected timelines. The regulatory process, including necessary NRC approvals and licensing, is a lengthy, complex process and projected timelines could vary materially from the actual time necessary to obtain all the required approvals. In addition to the Unit Economics depicted above, Terra Innovatum also provided to GSR III an illustrative schedule depicting a potential target scenario of deployment of standard 1 MWe SOLO nuclear reactors. The illustrative schedule included target deployment estimates beginning in Year 0. In Year1, the number of 1 MWe SOLO nuclear reactors expected to reach deployment is 4. In Year2, the number expected to reach deployment is 10. In Year3, the number expected to reach deployment is 50. In Year4, the number expected to reach deployment is 150. In Year5, the number expected to reach deployment is 1,000. In Year6, the number expected to reach deployment is 4,800. In Year7, the number expected to reach deployment is 10,000. The target deliveries included in the illustrative schedule assumed that regulatory permitting approvals have been obtained to permit construction and operation of the facilities. However, the regulatory permitting process, including necessary NRC approvals and licensing, is a lengthy, complex process and projected timelines could vary materially from the actual time necessary to obtain all required approvals. While there is some possibility of an expedited approval process for fast reactor technology, there is presently no clear path for expedited permitting. See the risk factors in the section entitled “ Risk Factors” beginning on page 19 of the accompanying proxy statement/prospectus. 76 Conflicts of Interest Potential investors should be aware of the following potential conflicts of interest: •GSR III’s officers and directors are not required to, and will not, commit their full time to GSR III’s affairs, which may result in a conflict of interest in allocating their time between GSR III’s operations and GSR III’s search for a business combination and their other businesses and commitments. GSR III does not intend to have any full -timeemployees prior to the completion of its initial business combination. Each of GSR III’s officers is engaged in several other business endeavors for which he may be entitled to substantial compensation, and GSR III’s officers are not obligated to contribute any specific