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Terra Innovatum and GSR III Acquisition Corp. Secure Additional $5 million PIPE Commitment, Totaling $42.5 Million in Equity Financing for Business Combination

Provided By GlobeNewswire

Last update: Oct 2, 2025

NEW YORK and AUSTIN, Texas, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced additional private investment in public equity (“PIPE”) capital in connection with their previously announced business combination. The total equity financing committed prior to contribution from the GSRT trust account is $42.5 million, including approximately $37 million of PIPE capital and approximately $5.5 million from a funded bridge facility.

Read more at globenewswire.com

GSR III ACQUISITION CORP

NASDAQ:GSRTU (10/3/2025, 8:00:01 PM)

10.99

-1.7 (-13.4%)


GSR III ACQUISITION CORP

NASDAQ:GSRT (10/3/2025, 8:00:01 PM)

After market: 10.1667 -0.1 (-1.01%)

10.27

-0.01 (-0.1%)



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