GSR III's 15-min chart indicates overbought conditions with narrowing Bollinger Bands.

The 15-minute chart for GSR III has triggered an overbought reading on the Relative Strength Index (RSI) and narrowing Bollinger Bands, as of 10/08/2025 at 14:30. This indicates that the stock's price has risen at an unusually rapid pace, exceeding fundamental support, and the magnitude of price fluctuations is decreasing.

Terra Innovatum, a developer of a 1 MW thermal-moderated, gas-cooled micro modular (MMR) nuclear reactor, has set its sights on a significant milestone with a $230M SPAC deal. The company is expected to close a business combination with GSR III Acquisition Corp (NASDAQ:GSRT) later this month, generating $230M in Series A gross proceeds Terra Innovatum Its Sets Sights on $230M SPAC^[1].

The deal, which will list Terra Innovatum on NASDAQ under the symbol NKLR, comes after the firm filed its S-4 with the SEC and a regulatory engagement plan with the NRC in January 2025. Terra Innovatum, which began in Italy six years ago, has established an office in New York, NY, and will operate in the US as a subsidiary of the parent company.

The company's executives, Massimo Morichi and Giordano Morichi, have outlined plans to complete the NRC construction license process for their first-of-a-kind (FOAK) unit by 2027, with commercial revenue service for Rock City Industrial Park in Valmeyer, IL, expected by 2028. The reactor will use conventional LEU uranium oxide fuel assemblies and helium as a coolant, bypassing the U.S. Department of Energy’s micro reactor program and HALEU fuel delays Terra Innovatum Its Sets Sights on $230M SPAC^[1].

The strategic agreement between Terra Innovatum and Rock City Industrial Park grants the firm a land for licensing, testing, and construction, with an initial 15-year power supply agreement. The reactor's power cost is expected to be $0.07/kWh, with plans to build up to 50 units in the US. Terra Innovatum has also secured $42.5 million in financing to support the deployment of its first-of-a-kind reactor Terra Innovatum Its Sets Sights on $230M SPAC^[1].

Meanwhile, the U.S. Department of Energy (DOE) has selected four companies for its advanced nuclear fuel line pilot projects, aiming to strengthen America's national security and reduce reliance on foreign sources of enriched uranium. The selected companies include Oklo Inc., Terrestrial Energy Inc., TRISO-X LLC, and Valar Atomics Inc. .

Market analysts are closely watching Terra Innovatum's stock, with the 15-minute chart for GSR III triggering an overbought reading on the Relative Strength Index (RSI) and narrowing Bollinger Bands as of 10/08/2025 at 14:30. This indicates rapid price appreciation and decreasing price fluctuations, suggesting a potential market correction or consolidation Terra Innovatum Its Sets Sights on $230M SPAC^[1].