PRESS RELEASE
25 April 2025

Appleby Advises GSR III Acquisition Corp. In Its $475M Business Combination With Terra Innovatum Srl

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Appleby

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Appleby is one of the world’s leading offshore law firms, operating in 10 highly regarded and well-regulated locations. We provide comprehensive, expert advice and services across a number of key practice areas. We work with our clients to achieve practical solutions whether from a single location or across multiple jurisdictions.
GSR III Acquisition Corp., a publicly traded special purpose acquisition company in the Cayman Islands (Nasdaq: GSRT), has announced its planned business combination...
Cayman Islands

GSR III Acquisition Corp., a publicly traded special purpose acquisition company in the Cayman Islands (Nasdaq: GSRT), has announced its planned business combination with Terra Innovatum Srl, a developer of micro-modular nuclear reactors.

The consummation of the transaction will result in Terra Innovatum Srl becoming a publicly listed company on the Nasdaq under the ticker symbol “NKLR.” The transaction is expected to close in the second half of 2025.

Appleby (Cayman) Ltd., represented GSR III Acquisition Corp. in the transaction led by partner Simon Raftopoulos and counsel Alexandra Low, with associate Darryl Jago.

Contributor

Appleby is one of the world’s leading offshore law firms, operating in 10 highly regarded and well-regulated locations. We provide comprehensive, expert advice and services across a number of key practice areas. We work with our clients to achieve practical solutions whether from a single location or across multiple jurisdictions.

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