GSR III Acquisition Corp. Announces $112.6 Million in Available Cash Following Shareholder Redemption Update Ahead of Terra Innovatum Merger

Reuters2025-10-06

<a href="https://laohu8.com/S/GSRT">GSR III Acquisition Corp</a>. Announces $112.6 Million in Available Cash Following Shareholder Redemption Update Ahead of Terra Innovatum Merger

GSR III Acquisition Corp. has provided an update on its planned business combination with Terra Innovatum s.r.l., an Italian limited liability company. According to GSR III, shareholders holding a total of 6,750,031 Class A ordinary shares opted not to redeem their shares by the October 3, 2025 deadline, resulting in approximately $70.1 million remaining in trust. The company estimates that, following the completion of the transaction, the combined entity will have about $112.6 million in available cash, which includes the post-redemption trust proceeds and roughly $42.5 million from private placement and bridge loan financings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GSR III Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-096321), on October 06, 2025, and is solely responsible for the information contained therein.

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Announces $112.6 Million in Available Cash Following Shareholder Redemption Update Ahead of Terra Innovatum Merger\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/GSRTU\">GSR III Acquisition Corp</a>. has provided an update on its planned business combination with Terra Innovatum s.r.l., an Italian limited liability company. According to GSR III, shareholders holding a total of 6,750,031 Class A ordinary shares opted not to redeem their shares by the October 3, 2025 deadline, resulting in approximately $70.1 million remaining in trust. 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Announces $112.6 Million in Available Cash Following Shareholder Redemption Update Ahead of Terra Innovatum Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-06 21:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/GSRT\">GSR III Acquisition Corp</a>. Announces $112.6 Million in Available Cash Following Shareholder Redemption Update Ahead of Terra Innovatum Merger\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/GSRTU\">GSR III Acquisition Corp</a>. has provided an update on its planned business combination with Terra Innovatum s.r.l., an Italian limited liability company. According to GSR III, shareholders holding a total of 6,750,031 Class A ordinary shares opted not to redeem their shares by the October 3, 2025 deadline, resulting in approximately $70.1 million remaining in trust. 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The company estimates that, following the completion of the transaction, the combined entity will have about $112.6 million in available cash, which includes the post-redemption trust proceeds and roughly $42.5 million from private placement and bridge loan financings.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GSR III Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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