Terra Innovatum Announces Total Equity Financing Committed Prior To Contribution From The GSRT Trust Account Is $42.5M, Including ~$37M Of PIPE Capital And ~$5.5M From A Funded Bridge Facility

Author: Benzinga Newsdesk | October 02, 2025 10:00am

• Together with net proceeds from the trust account after redemptions, the $42.5 million financing will further accelerate the deployment of first-of-a-kind ("FOAK") reactor and strengthen Terra Innovatum's position ahead of its public market debut
  
   

NEW 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.

Posted In: GSRT