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GSR III Acquisition Corp. Class A ( (GSRT) ) just unveiled an announcement.
On April 22, 2025, GSR III Acquisition Corp. and Terra Innovatum announced a business combination agreement that will see Terra Innovatum become a publicly listed company on Nasdaq. This transaction, valued at $475 million, aims to accelerate the commercialization of Terra Innovatum’s SOLO™ micro-modular reactors, which are engineered to meet the growing global demand for low-carbon, cost-efficient energy. The deal is expected to close in the second half of 2025 and is anticipated to position Terra Innovatum as a leader in the clean energy sector, with significant implications for stakeholders and the nuclear industry.
More about GSR III Acquisition Corp. Class A
Terra Innovatum is a developer of micro-modular nuclear reactors, focusing on scalable, off-grid, zero-carbon power solutions for industrial, remote, and high-demand sectors. Their flagship product, the SOLO™ reactor, is designed for safety and rapid deployment, using standard Low-Enriched Uranium fuel and licensed components, with plans for commercial deployment by 2028.
YTD Price Performance: 1.52%
Average Trading Volume: 80,541
See more data about GSRT stock on TipRanks’ Stock Analysis page.