Terra Innovatum and GSR III Acquisition Corp. have announced a $37.5 million equity financing in connection with their proposed business combination, according to a joint statement released by the companies. The financing includes approximately $32 million in private investment in public equity $(PIPE)$ led by Segra Capital Management, as well as $5.5 million from a funded bridge facility that will convert to common equity upon closing. Proceeds from the financing, along with the SPAC trust, are expected to support the licensing and construction of Terra Innovatum's SOLOTM micro-modular reactor. An extraordinary general meeting of shareholders to approve the business combination is scheduled for October 7, 2025. If approved, the combined company will operate as Terra Innovatum and is expected to trade on Nasdaq under the ticker symbol "NKLR" following the transaction's close.