Terra Innovatum secures $37.5 million financing for nuclear reactor project

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Terra Innovatum and GSR III Acquisition Corp. Announce $37.5 Million Equity Financing in Connection with Business Combination

September 25, 2025 8:00 AM EDT

- PIPE led by Segra Capital Management

- Proceeds from the financing and SPAC trust, net of redemptions and expenses, will be used to support licensing and construction of Terra Innovatums first-of-a-kind SOLO micro-modular reactor

- Extraordinary general meeting of shareholders to approve proposed business combination is scheduled for October 7, 2025, at 11:00 a.m. ET

- Post-combination company expected to trade on Nasdaq under the ticker symbol NKLR shortly after the closing

NEW YORK and AUSTIN, Texas, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl (Terra... More