Terra Innovatum s.r.l.
Closed (deSPAC)Italian limited liability company (operating company in the SPAC business combination)
- What it is
- A private company in italian limited liability company (operating company in the spac business combination) preparing to list via a SPAC merger. Full profile in progress.
- What it’s doing now
- Merging with GSR III Acquisition Corp. (GSRT) — closed (despac), announced May 14, 2025.
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
The deal it’s entering
Terra Innovatum s.r.l. is merging with GSR III Acquisition Corp. (GSRT) currently marked Closed (deSPAC).
| Headline equity value | $475M |
| Post-close ticker | NKLR |
How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Was this deal done at an expensive or a cheap valuation?
SpacBrain’s read on the price
No multiple can be computed
We hold no revenue figure in US dollars for Terra Innovatum s.r.l., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $475M regardless.
We have not extracted a revenue figure for this company from its filings yet. That is our gap, not a statement about the business.
Announced equity value (net debt unknown).
Not extracted from the filings yet.
Not computable — no revenue figure has been extracted from the filings yet.
No listed comparable carries a revenue multiple we can use.
What qualifies the figures above
- The target's cash and debt are not in the filings we have, so this is an equity value used as a stand-in for enterprise value.
Common questions
Is Terra Innovatum s.r.l. going public?
Terra Innovatum s.r.l. has an approved merger with the SPAC GSR III Acquisition Corp. (GSRT), announced May 14, 2025. The combined company expects to trade as NKLR. Deal status: Closed (deSPAC).
What is Terra Innovatum s.r.l.'s SPAC deal valuation?
The announced headline equity value is $475M.
Was Terra Innovatum s.r.l. bought at an expensive or a cheap valuation?
We hold no revenue figure in US dollars for Terra Innovatum s.r.l., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $475M regardless.
Does Terra Innovatum s.r.l. have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.