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Terra Innovatum and GSR III Acquisition Corp. Secure Additional $5 million PIPE Commitment, ...


Terra Innovatum and GSR III Acquisition Corp. Secure Additional $5 million PIPE Commitment, ...

* Together with net proceeds from the trust account after redemptions, the $42.5 million financing will further accelerate the deployment of first-of-a-kind ("FOAK") reactor and strengthen Terra Innovatum's position ahead of its public market debut

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.

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