Globa Terra Acquisition Corporation announced on October 7, 2026, that it has entered into a non-binding Letter of Intent (LOI) with Nature's Ledger Inc. regarding a proposed business combination.

The transaction aims to bring together the Nasdaq-listed special purpose acquisition company (SPAC) platform with Nature's Ledger's ecosystem focused on real-world asset (RWA) tokenization, specifically targeting nature-based assets such as agriculture, biodiversity, soil, water, and carbon credits.

Transaction Structure and Conditions

The LOI represents an initial step toward negotiating a definitive Business Combination Agreement (BCA). The proposed transaction is subject to several conditions, including satisfactory completion of due diligence, negotiation of definitive agreements, required corporate and shareholder approvals, regulatory review, and other customary closing conditions.

If completed, the deal would result in Nature's Ledger becoming a publicly traded company. Management noted that the intersection of environmental markets, blockchain infrastructure, and institutional capital presents significant opportunities as the global RWA market develops.

Strategic Alignment and Financing

As part of the ongoing transaction process, Nature's Ledger has agreed to contribute toward a portion of the costs associated with extending Globa Terra's business-combination period. This extension provides additional time to complete the definitive BCA, regulatory filings, and financing activities.

The participation in extension costs demonstrates shared commitment between the parties. However, any extension remains subject to Globa Terra's governing documents, shareholder approvals where required, applicable law, and final terms approved by legal advisers.

Nature's Ledger Business Model

Nature's Ledger operates as a vertically integrated technology company building infrastructure for the tokenization and on-chain trading of real-world assets. The company maintains captive asset holdings across agriculture, forestry, real estate, water, and other natural resource sectors.

Key operational aspects include:

• Asset Origination: Developing high-integrity carbon credits and nature-based projects.
• Technology Infrastructure: Blockchain-enabled tokenization and digital verification.
• Market Access: Connecting physical assets with global capital markets via a consumer-facing exchange.

The company operates in jurisdictions including Canada, the United States, Europe, Brazil, and Southeast Asia.

Executive Commentary

Edward J. Preble, Vice President of Investor Relations at Globa Terra, stated that Nature's Ledger represents a differentiated opportunity at the intersection of RWA tokenization and environmental markets. He emphasized that the target is building an ecosystem around underlying real-world assets rather than approaching RWA solely as a digital-asset concept.

Marty Seymour, Chief Executive Officer of Nature's Ledger, described the LOI as a milestone toward accelerating the vision of bringing real-world assets into modern capital markets. Seymour highlighted the company's vertically integrated model, which combines asset ownership, project development, merchant banking, and verification infrastructure.

Regulatory and Risk Disclosures

The LOI does not constitute a definitive agreement. There can be no assurance that a definitive BCA will be executed or that the proposed business combination will be completed. If a definitive agreement is reached, relevant materials will be filed with the U.S. Securities and Exchange Commission (SEC).

Investors are urged to read these materials when available, as they will contain important information regarding the proposed transaction. The communication does not constitute an offer to sell or solicitation of an offer to buy any securities.