Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 155

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 155
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 allow us to operate and pay our bills as they become due. Furthermore, our affiliates are not obligated to make loans to us in the future (other than our Sponsor’s commitment to provide us loans in order to finance transaction costs in connection with a business combination). The additional exercise of redemption rights with respect to a large number of our public shareholders may make us unable to take such actions as may be desirable in order to optimize the capital structure of PubCo after consummation of the Business Combination and we may not be able to raise additional financing from unaffiliated parties necessary to fund our expenses and liabilities after the Closing. Any such event in the future may negatively impact the analysis regarding our ability to continue as a going concern at such time. If GSR III is deemed to be an investment company under the Investment Company Act, it may be required to institute burdensome compliance requirements and its activities may be restricted, which may make it difficult for GSR III to complete its initial business combination. If GSR III is deemed to be an investment company under the Investment Company Act, its activities may be restricted, including: •restrictions on the nature of its investments; and •restrictions on the issuance of securities, each of which may make it difficult to complete its initial business combination. In addition, GSR III may have imposed upon it burdensome requirements, including: •registration as an investment company; •adoption of a specific form of corporate structure; and •reporting, record keeping, voting, proxy and disclosure requirements and other rules and regulations. In order not to be regulated as an investment company under the Investment Company Act, unless GSR III can qualify for an exclusion, GSR III must ensure that we are engaged primarily in a business other than investing, reinvesting or trading of securities and that its activities do not include investing, reinvesting, owning, holding or trading “investment securities” constituting more than 40% of its assets (exclusive of U.S. government securities and cash items) on an unconsolidated basis. GSR III’s business will be to identify and complete a business combination and thereafter to operate the post -transactionbusiness or assets for the long term. GSR III does not plan to buy businesses or assets with a view to resale or profit from their resale. GSR III does not plan to buy unrelated businesses or assets or to be a passive investor. 50 GSR III does not believe that its anticipated principal activities will subject it to the Investment Company Act. To this end, the