- CEO
- Gus Garcia
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5900 Balcones Drive Austin TX United States of America 78731
- IPO Date
- Nov 7, 2024
- Business
- GSR III Acquisition Corp. (ticker: GSRTU) is a blank check company incorporated in the Cayman Islands in 2023 and headquartered at 5900 Balcones Drive, Suite 100, Austin, Texas; the firm has no significant operations and focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more U.S.-based high-potential businesses, particularly in technology and digital media sectors. As a special purpose acquisition company (SPAC) and the third under the GSR imprint, it provides public market access to growth-oriented targets through flexible transaction structures; its sponsor team, including Co-CEOs Gus Garcia and Lewis Silberman, President and CFO Anantha Ramamurti, and Chief Development Officer Yuya Orime, brings experience from sponsoring two prior SPACs and advising on over 20 successful completions. In a major recent development, GSR III completed its business combination with Terra Innovatum S.r.l. on October 9, 2025, following shareholder approval on October 7, 2025; the merger formed Terra Innovatum Global N.V., which began trading on Nasdaq under the ticker NKLR on October 10, 2025, with approximately $130 million in trust and equity proceeds to fund licensing, first-of-a-kind deployment, and commercialization of Terra Innovatum's SOLO micro-modular nuclear reactors by 2028. Prior to closing, the transaction secured a $37.5 million financing package, including a $32 million PIPE led by Segra Capital Management and a $5.5 million bridge facility, alongside post-merger strategic MOUs with partners such as Ameresco for up to 50 SOLO unit deployments, RAIT 88 for defense applications, and Conuar for nuclear components. GSR III's units (GSRTU), each comprising one Class A ordinary share and one-half redeemable warrant, were issued in its November 2024 IPO at $10.00 per unit, raising initial proceeds held in trust at $70.1 million post-redemptions as of October 2025.