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GSR III Shareholders Retain Shares Amid Business Combination

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GSR III Shareholders Retain Shares Amid Business Combination

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

On October 3, 2025, GSR III Acquisition Corp. Class A shareholders holding 6,750,031 Class A ordinary shares chose not to redeem their shares, resulting in approximately $70.1 million remaining in trust account proceeds. Following the proposed business combination with Terra Innovatum s.r.l., GSR III estimates that the resulting public company will have approximately $112.6 million in cash, including proceeds from private placement and bridge loan financing.

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

Average Trading Volume: 1,119,671

Technical Sentiment Signal: Strong Sell

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

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