tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GSR III Acquisition Corp Secures $31.8M PIPE Financing

Story Highlights
GSR III Acquisition Corp Secures $31.8M PIPE Financing

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

GSR III Acquisition Corp. Class A ( (GSRT) ) has issued an update.

On September 23, 2025, GSR III Acquisition Corp entered into PIPE Financing Agreements with institutional and accredited investors, raising approximately $31.8 million in connection with its business combination with Terra Innovatum. This financing, led by Segra Capital Management, will support the licensing and construction of Terra Innovatum’s SOLO™ micro-modular reactor. An extraordinary general meeting of shareholders is scheduled for October 7, 2025, to approve the business combination, with the post-combination company expected to trade on Nasdaq under the ticker symbol NKLR.

The most recent analyst rating on (GSRT) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on GSR III Acquisition Corp. Class A stock, see the GSRT Stock Forecast page.

More about GSR III Acquisition Corp. Class A

Terra Innovatum is a pioneering company in the energy sector, focusing on the development of micro-modular nuclear reactors. Their primary product, the SOLO™ Micro-Modular Reactor, aims to provide efficient, safe, and environmentally friendly energy solutions. Terra Innovatum leverages cutting-edge nuclear technology to address global energy shortages and offers scalable, affordable, and deployable power solutions.

Average Trading Volume: 945,239

Technical Sentiment Signal: Hold

Learn more about GSRT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1