FOAK reactor

  • Terra Innovatum and GSR III Acquisition Corp. Shareholders Approve Business Combination, Anticipating $130 Million in Proceeds Markets

    Terra Innovatum and GSR III Acquisition Corp. Shareholders Approve Business Combination, Anticipating $130 Million in Proceeds

    Terra Innovatum’s merger with GSR III Acquisition Corp. has been approved by GSRT shareholders, paving the way for $130 million in funding upon closing. This capital will support licensing, construction of a micro-modular reactor, and commercialization efforts, targeting a Nasdaq listing under “NKLR.” The deal is expected to close soon, pending standard conditions. Terra Innovatum aims to address energy demands with its SOLO™ reactor, with commercial availability projected by 2028, contingent on regulatory approval and execution.

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