Terra Innovatum Begins Trading on Nasdaq Under NKLR Symbol

Thursday, Oct 9, 2025 8:05 pm ET1min read

Terra Innovatum is set to begin trading on Nasdaq under the symbol "NKLR". The company has completed its merger with a special purpose acquisition company (SPAC) and will now trade as a publicly listed entity. The move marks the latest development in Terra Innovatum's journey as it seeks to expand its reach and capitalize on new opportunities in the market.

Terra Innovatum, a developer of micro-modular nuclear reactors, has completed its business combination with GSR III Acquisition Corp. (Nasdaq: GSRT) and will begin trading on the Nasdaq under the ticker symbol NKLR on October 10, 2025 Terra Innovatum Announces Closing of Business Combination with GSR III Acquisition Corp. and Commencement of Trading on Nasdaq[1]. The company aims to leverage this new public listing to fund its first-of-a-kind SOLO™ micro-modular reactor deployment and accelerate scale-up efforts.

The business combination, which closed on October 9, 2025, involved Terra Innovatum receiving $130 million in transaction proceeds. This funding will be used to support the deployment and scaling of the SOLO™ reactor, which uses low-enriched uranium (LEU) fuel and off-the-shelf components to target low-cost, zero-carbon power Terra Innovatum Announces Closing of Business Combination with GSR III Acquisition Corp. and Commencement of Trading on Nasdaq[1]. The company's existing management team will continue to lead the combined entity, which will operate under the name Terra Innovatum Global N.V.

Terra Innovatum plans to ring the Nasdaq Opening Bell on October 17, 2025, to celebrate this significant milestone. The company's CEO, Alessandro Petruzzi, expressed gratitude for the support of shareholders and the conviction demonstrated by GSRT in Terra Innovatum's strategy. He emphasized the company's focus on licensing and deployment execution as immediate priorities Terra Innovatum Announces Closing of Business Combination with GSR III Acquisition Corp. and Commencement of Trading on Nasdaq[1].

The SOLO™ micro-modular reactor is designed to be practical to manufacture, safe to deploy, and ready for real-world applications on a commercial timeline. By using proliferation-resistant LEU fuel and proven components, Terra Innovatum aims to remove barriers that have slowed nuclear innovation from leaving the lab and entering commercial scale Terra Innovatum Announces Closing of Business Combination with GSR III Acquisition Corp. and Commencement of Trading on Nasdaq[1]. The company's mission is to make nuclear power accessible and to address global energy shortages through innovative and sustainable power solutions.

Terra Innovatum's strategic partnership with GSRT and its successful SPAC deal position the company to lead the next wave of nuclear innovation and long-term value creation. The company's focus on licensing and deployment milestones, as well as its use of the $130 million in transaction proceeds, will be closely watched by investors and industry observers alike Terra Innovatum Announces Closing of Business Combination with GSR III Acquisition Corp. and Commencement of Trading on Nasdaq[1].

Terra Innovatum Begins Trading on Nasdaq Under NKLR Symbol

Comments



Add a public comment...
No comments

No comments yet