Welcome to our dedicated page for Gsr Iii Acquistion news (Ticker: GSRTU), a resource for investors and traders seeking the latest updates and insights on Gsr Iii Acquistion stock.
This page provides a historical news archive for GSR III Acquisition Corp. (GSRTU), a special purpose acquisition company that completed a business combination with Terra Innovatum, a developer of micro-modular nuclear reactors. The joint press releases reproduced here document how GSRTU moved from its role as a blank check company in the Financial Services sector to serving as the vehicle that brought Terra Innovatum Global N.V. to the Nasdaq market.
News items cover key milestones in the transaction process, including announcements of the proposed business combination, PIPE and bridge financings, additional equity commitments, and shareholder communications ahead of the Extraordinary General Meeting of Shareholders. They also include the confirmation that GSRT shareholders approved the business combination and the subsequent closing, after which the combined company operates under the name Terra Innovatum Global N.V. with ordinary shares trading on Nasdaq under the ticker symbol NKLR, as stated in company press releases.
Beyond transaction mechanics, the news flow highlights Terra Innovatum’s activities and plans as the operating business combining with GSRT. Releases describe Terra Innovatum’s mission to make nuclear power accessible through its SOLO micro-modular reactor platform, as well as memoranda of understanding with partners in areas such as component supply, siting and deployment frameworks, and strategic alliances in defense and civil energy contexts. Regulatory progress updates related to U.S. Nuclear Regulatory Commission licensing for the SOLO reactor are also included.
For readers interested in the evolution of GSRTU from a SPAC to its completed business combination, this archive offers context on financing, shareholder approvals, and the transition to Terra Innovatum Global N.V. and the NKLR ticker. It is useful for understanding how the SPAC structure was used to support Terra Innovatum’s path to the public markets and the types of corporate, regulatory, and partnership developments that accompanied the transaction.
Terra Innovatum, a micro-modular nuclear reactor developer, and GSR III Acquisition Corp. (NASDAQ: GSRT) announced that the SEC has declared effective their S-4 registration statement for their proposed business combination. The companies have scheduled an Extraordinary General Meeting for October 7, 2025 to approve the merger.
Terra Innovatum has made significant progress, including securing MOUs for nuclear component supply and manufacturing, selecting their first deployment site, and advancing with NRC procedures. The record date for shareholder voting is September 15, 2025, and the GSRT Board unanimously recommends voting "FOR" all proposals.
The virtual meeting will be held at 11:00 AM ET via webcast, with the business combination expected to close shortly after approval, subject to closing conditions.GSR III Acquisition Corp. (GSRT) announced that starting December 19, 2024, holders of its 23,000,000 units (including 3,000,000 from over-allotment) can separately trade Class A Ordinary Shares and Rights on Nasdaq Global Market. Each unit consists of one Class A Ordinary Share and one-seventh of one Right. The separated securities will trade under symbols GSRT and GSRTR, while unseparated units continue as GSRTU.
GSRT is a newly formed blank check company in the Cayman Islands, focusing on mergers, acquisitions, or business combinations. The company targets businesses with strong public-market narratives, growth prospects, and attractive cash flow dynamics. The securities offering is backed by a Form S-1 registration statement effective November 7, 2024.
GSR III Acquisition Corp. (NASDAQ: GSRT) has successfully closed its initial public offering of 23,000,000 units at $10.00 per unit, raising aggregate gross proceeds of $230,000,000. The offering included the full exercise of the underwriter's over-allotment option. Each unit comprises one Class A ordinary share and one-seventh of one right, with whole rights convertible into Class A Ordinary Shares upon business combination completion. The units trade on Nasdaq under GSRTU, with Class A shares and Rights to trade separately under GSRT and GSRTR symbols respectively.
GSR III Acquisition Corp. (NASDAQ: GSRT) has announced the pricing of its initial public offering, offering 20,000,000 units at $10.00 per unit, raising aggregate gross proceeds of $200,000,000. Each unit includes one Class A ordinary share and one-seventh of one right. Trading begins on Nasdaq under symbol GSRTU. The company granted underwriters a 45-day option to purchase up to 3,000,000 additional units. SPAC Advisory Partners , a division of Kingswood Capital Partners and wholly owned by GSRT management, is the sole underwriter, with B. Riley Securities acting as Qualified Independent Underwriter.