Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 192

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 192
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 the meetings, GSR III sent an executed non -disclosureagreement to Terra Innovatum. On November 23, 2024, GSR III and Terra Innovatum agreed to a follow -upmeeting on November 27, 2024, where Terra Innovatum would continue its discussion of the Terra Innovatum business and Terra Innovatum’s positioning in the market relative to competitors, while GSR III would present to Terra Innovatum what a SPAC transaction would entail from a process, timeline and capitalization perspective. On November 24, 2024, representatives of Terra Innovatum requested to representatives of GSR III that, during the upcoming call, GSR III include a discussion of potential valuation, funding scenarios and governance. Representatives of Terra Innovatum also requested that representatives of GSR III consider a valuation of $1.1billion. On November 26, 2024, Terra Innovatum provided GSR III access to information in a data room. On November 27, 2024, GSR III, Terra Innovatum and PAC held a follow -upmeeting over Zoom to continue discussing Terra Innovatum’s business, as well as GSR III presenting to Terra Innovatum what a SPAC transaction would entail. GSR III indicated it would need to perform a valuation analysis that was primarily based on a comparison to the three existing public SMR companies, and that GSR III would also require a fairness opinion from an independent third -partyvaluation firm before entering into a formal transaction with Terra Innovatum. On November 29, 2024, Terra Innovatum sent the counter -signedNDA to GSR III, as well as a list of questions that Terra Innovatum asked GSR III, including clarification on fees and expenses, as well as the impact of various potential fundraising strategies. On December 2, 2024, GSR III held a call with PAC to discuss various due diligence topics and expected process. On the same day, GSR III also held a follow -upcall with Terra Innovatum to continue discussing Terra Innovatum’s business, technology and key differentiators vs other SMR companies 70

On December 3, 2024, GSR III held a call with PAC to discuss various due diligence topics and expected process. On December 6, 2024, GSR III held a follow -upcall with PAC to continue diligence discussions. On December 10, 2024 and December 11, 2024, GSR III and Terra Innovatum held