Company: NKLR
Filing Date: 2025-05-14
Form Type: S-4
Source: 0001213900-25-043376
Chunk: 322

Company: Terra Innovatum Global N.V.
Filing Date: 2025-05-14
Form: S-4
Chunk 322
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 agreement with GSR III, that they will not propose any amendment to the Cayman Constitutional (A) to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business combination by May 8, 2026 (or August 7, 2026 at the discretion of the Sponsor) or (B) with respect to any other provision relating to shareholders’ rights or pre -initialbusiness combination activity, in each case unless we provide our public shareholders with the opportunity to redeem their GSR III Class A Ordinary Shares upon approval of any such amendment at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest (less permitted withdrawals and up to $100,000 of interest to pay dissolution expenses), divided by the number of then issued and outstanding public shares. However, we may not redeem our public shares in an amount that would cause our net tangible assets to be less than $5,000,001. GSR III expects that all costs and expenses associated with implementing its plan of dissolution, as well as payments to any creditors, will be funded from amounts held outside the trust account, although it cannot assure you that there will be sufficient funds for such purpose. However, if those funds are not sufficient to cover the costs and expenses associated with implementing GSR III’s plan of dissolution, to the extent that there is any interest accrued in the trust account not required to pay taxes, GSR III may request the trustee to release to us an additional amount of up to $100,000 of such accrued interest to pay those costs and expenses. The proceeds deposited in the trust account could, however, become subject to the claims of GSR III’s creditors which would have higher priority than the claims of GSR III’s public shareholders. GSR III cannot assure you that the actual per -shareredemption amount received by public shareholders will not be substantially less than $10.00. See “ Risk Factors — Risks Related to the Business Combination and GSR III — If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per share redemption amount received by shareholders may be less than $10.00 per share (which was the offering price in GSR III’s initial public offering)” and other risk factors contained herein. While GSR III intend to pay such amounts, if any, GSR III cannot assure you that