As previously reported, Benchmark initiated coverage of GSR III Acquisition (GSRT) – which has entered into a definitive business combination agreement that will position Terra Innovatum (NKLR) to become a publicly listed company on the Nasdaq under ticker symbol “NKLR” – with a Buy rating and $19 price target The firm believes Terra Innovatum is positioned to be “an early leader in the microreactor race” with the SOLO reactor, which is designed for existing fuel supply, off-the-shelf components and the latest safety and non-proliferation safeguards. Terra’s strategy won’t require advanced fuels or fit-for-purpose factories, making it “capital-efficient,” the analyst tells investors.
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Read More on GSRT:
- GSR III Acquisition initiated with a Buy at Benchmark
- GSR III Acquisition Corp put volume heavy and directionally bearish
- Four new option listings and one option delisting on July 25th
- GSR III, Terra Innovatum support NRC vision for micro-modular reactors
- GSR III Acquisition, Terra Innovatum enter MOU for SOLO deployment site