Terra Innovatum and GSR III Acquisition Corp. Secure Additional $5 million PIPE Commitment, Totaling $42.5 Million in Equity Financing for Business CombinationNEW YORK and AUSTIN, Texas, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced additional private investment in public equity (“PIPE”) capital in connection with their previously announced business combination. The total equity financing committed prior to contribution from the GSRT trust account is $42.5 million, including approximately $37 million of PIPE capital and approximately $5.5 million from a funded bridge facility.
Terra Innovatum is Accelerating Plans to Advance its Strategic Position in the Rapidly Growing Radioisotope Market by Producing Life-Saving Cancer IsotopesNEW YORK and AUSTIN, Texas, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced that it has accelerated its go-to-market plans for life-saving cancer isotope production with the SOLO™ micro-modular reactor.
Terra Innovatum Announces Strategic Alliance with Defense Engineering Center, RAIT 88, to Accelerate Global Commercialization of SOLO™ Micro-Modular Nuclear ReactorsAgreement creates business development opportunities across defense, civil energy, and government sectors, while advancing deployment, operations, and training of MMR systems
Terra Innovatum and GSR III Acquisition Corp. Remind Shareholders to Vote and Approve the Business Combination Prior to the October 7 Extraordinary General Meeting of ShareholdersNEW YORK and AUSTIN, Texas, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl ("Terra Innovatum" or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. ("GSRT") (Nasdaq: GSRT), a publicly traded special purpose acquisition company, remind GSRT shareholders to vote "FOR" their proposed business combination and all other proposals detailed in the definitive proxy statement/prospectus (the "Proxy Statement").
Terra Innovatum Advances U.S. NRC Licensing Process with Accelerated Regulatory Submissions for SOLO™ ReactorTerra Innovatum progresses engagement with U.S. NRC to expedite licensing approval and commercialize its reactors by 2028
TerraInnovatum Partners with ATB Riva Calzoni for Manufacturing of SOLO Micro-Modular Nuclear ReactorNEW YORK and AUSTIN, Texas, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced Terra Innovatum has signed a memorandum of understanding (“MOU”) with ATB Riva Calzoni, a global supplier and manufacturer of nuclear components, for the preparation, development, and production of Terra Innovatum’s SOLOTM micro-modular nuclear reactor.
