Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 374

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 374
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 transfer, assign or sell any founder shares or private placement shares.                                         |     | For the founder shares, the earlier to occur of: (A) one year after the completion of GSR III’s initial business combination; and (B) subsequent to GSR III’s initial business combination (x) if the last reported sale price of the GSR III Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share dividends, rights issuances, consolidations, reorganizations, recapitalizations and other similar transactions) for any 20 trading days within any 30-trading day period commencing at least 150 days after GSR III’s initial business combination or (y) the date on which GSR III completes a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of the GSR III public shareholders having the right to exchange their GSR III ordinary shares for cash, |     | GSR III’s initial directors and officers.                                           |     | Transfers, assignments or sales to certain permitted transferees                                                                                                                               |

There are no limitations other than set forth above to the circumstances or arrangements under which the Sponsor, its affiliates, or promoters, would indirectly transfer ownership of GSR III through transfers of Sponsor’s membership interests.

196 Effecting GSR III’s Initial Business Combination General GSR III is not presently engaged in and GSR III will not engage in, any substantive commercial business until it completes the Business Combination with Terra Innovatum or another target business. Fair Market Value of Target Business The rules of Nasdaq require that GSR III must consummate an initial business combination with one or more operating businesses or assets with a fair market value equal to at least 80% of the net assets held in the trust account (excluding the amount of any deferred underwriting discount held in trust) at the time of GSR III’s signing a definitive agreement in connection with its initial business combination. GSR III’s board of directors determined that this test was met in connection with the proposed Business Combination. Shareholder Approval of Business Combination GSR III is seeking stockholder approval of the Business Combination at the extraordinary general meeting, at which shareholders may elect to redeem their shares, regardless of if or how they vote in respect of the BCA Proposal, into their pro rata portion of the trust account, calculated as of two business days prior to the consummation of the Business Combination including interest earned on the funds held in the trust account and not previously