Core Insights - Terra Innovatum Global N.V. successfully completed its business combination with GSR III Acquisition Corp., marking a significant milestone for the company in the clean energy sector [1][2][3] - The combined entity will trade on Nasdaq under the ticker symbol "NKLR" starting October 10, 2025, with the existing management team continuing to lead the company [2][3] Company Overview - Terra Innovatum is focused on developing micro-modular nuclear reactors, specifically the SOLO™ Micro-Modular Reactor (SMR™), which aims to provide efficient, safe, and environmentally friendly energy solutions [8][9] - The company's mission is to make nuclear power accessible and to address global energy shortages through innovative and sustainable power solutions [7][8] Technology and Product Development - The SOLO™ reactor is designed to be practical for manufacturing, safe for deployment, and ready for commercial applications, utilizing proliferation-resistant low-enriched uranium (LEU) fuel and off-the-shelf components [3][9] - The reactor is expected to be available globally within the next three years, with a proven licensing path that enables rapid deployment and minimizes supply chain risks [9][10] Market Position and Future Plans - The business combination is anticipated to provide $130 million in proceeds, which will fully fund the first SOLO reactor deployment and accelerate scaling efforts [5] - SOLO™ is positioned to deliver CO2-free power solutions for various applications, including data centers, remote towns, and industrial operations in hard-to-abate sectors [10] Leadership and Strategic Vision - The leadership team includes Co-CEOs Gus Garcia and Lewis Silberman, who emphasize the company's commitment to advancing sustainable energy innovation and creating long-term value [3][6] - The company plans to ring the Opening Bell at Nasdaq on October 17, 2025, symbolizing its entry into the public markets and commitment to its mission [5][3]

Core Viewpoint - The announcement highlights the upcoming extraordinary general meeting of shareholders for GSR III Acquisition Corp. to approve the business combination with Terra Innovatum, a developer of micro-modular nuclear reactors, following the SEC's declaration of the effectiveness of the registration statement [1][2][3]. Company Overview - Terra Innovatum is focused on making nuclear power accessible through scalable and affordable micro-reactor solutions, aiming to deliver low-cost, zero-carbon, and reliable energy [2][9]. - The company has made significant progress in its commercialization efforts, including signing MOUs for major nuclear components, selecting a deployment site, and generating customer interest [2][11]. Business Combination Details - The extraordinary general meeting is scheduled for October 7, 2025, where GSRT shareholders will vote on the proposed business combination with Terra Innovatum [3][5]. - The GSRT Board of Directors recommends shareholders vote "FOR" the transaction proposal and other related proposals [4][7]. Product and Technology - Terra Innovatum's SOLO™ micro-modular reactor is designed to provide efficient, safe, and environmentally conscious energy solutions, addressing global energy shortages [10][12]. - The SOLO™ reactor is engineered to be market-ready, utilizing readily available components and a proven licensing path to ensure rapid deployment and cost predictability [11][12]. Market Applications - The SOLO™ reactor can serve various applications, including CO2-free power solutions for data centers, remote towns, and large-scale industrial operations, as well as producing radioisotopes for medical applications [12][10].