Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 370

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 370
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 directors of PubCo may not take part in the decision -makingprocess in respect of the remuneration of executive directors. The Compensation Committee may validly resolve on ( rechtsgeldig besluiten tot) determining the remuneration of the individual directors, with due observance of the remuneration policy adopted by the PubCo general meeting, without resolutions, approvals or other involvement of the PubCo board of directors being required. Such resolution shall be considered to be a resolution of the PubCo board of directors. The Compensation Committee will inform the PubCo board of directors promptly after having adopted such a resolution. While we do not expect any material differences in the compensation of Terra Innovatum’s current executive officers once they become executive officers of PubCo, we have not determined whether and to what extent directors of PubCo and Terra Innovatum will be paid for their service as directors. 190 Information about GSR III Unless the context otherwise requires, all references in this section to the “Company,” “GSR III,” “we,” “us” or “our” refer to GSR III prior to the consummation of the Business Combination. General GSR III is a blank check company incorporated as a Cayman Islands exempted company on May 10, 2023. GSR III was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. GSR III has neither engaged in any operations nor generated any revenue to date. Based on GSR III’s business activities, it is a “shell company” as defined under the Exchange Act because it has no operations and nominal assets consisting almost entirely of cash. Significant Activities Since Inception The registration statement for the Company’s Initial Public Offering was declared effective on November 7, 2024. On November 8, 2024, the Company consummated the Initial Public Offering of 23,000,000 Units including 3,000,000 additional public units as the underwriters’ over -allotmentoption was exercised in full at $10.00 per Unit, generating gross proceeds of $230,000,000. Following the closing of GSR III’s initial public offering, a total of $230 million ($10.00 per unit) of the net proceeds from its initial public offering and the sale of the private placement units was placed in the trust account. The proceeds held in the trust account may be invested by the trustee only in U.S. government