Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 101

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 101
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 are inherently subjective and difficult to predict, and even small changes in any of them can materially affect the resulting fair
value. The estimation process is particularly sensitive to market conditions and company-specific developments. For example, the resolution
of funding thresholds in June 2025 required a final fair value measurement and reclassification of certain warrants, which impacted earnings.
We continuously evaluate these assumptions, and changes in inputs or classification could materially affect our financial condition and
results of operations.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements
(as that term is defined in Item 303 of Regulation S-K) that are reasonably likely to have a current or future material effect
on our financial condition, expenses, results of operations, liquidity, or capital resources.

Related Party Transactions

Refer to Note 4. “Related Party Transactions”
of the Notes to our Financial Statements included in this registration statement for a discussion of related party transactions.

Recent Accounting Standards and Pronouncements

Refer to Note 3. “Summary of Significant
Accounting Policies” of the Notes to our Financial included elsewhere in this of this registration statement for a discussion of
recent accounting standards and pronouncements.

Quantitative and Qualitative Disclosures About Market Risk

We are a smaller reporting company as defined by
Rule 12b-2 of the Exchange Act and are not required to provide the information otherwise required under this item.

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BUSINESS</div>

Our Mission

Terra Innovatum’s mission is to make
nuclear power accessible by delivering simple and safe micro-reactor solutions that are scalable, affordable and deployable anywhere,
1MWe at a time. Since our project commenced in 2018, we have invested significantly in development efforts and completing our SOLO micro
modular reactor design in October 2024.

Overview

Terra Innovatum was incorporated under the
laws of Italy on September 23, 2021 (“Inception”) and is headquartered in Lucca, Italy. Before Terra Innovatum’s
incorporation, from 2018 to 2021 a team of engineers, who are now part of Terra Innovatum, contributed their time, effort and resources
to advance the SOLO concept to design, demonstrating the feasibility and the innovation aspects.

Terra Innovatum is a nuclear reactor developer,
focused on smaller, cheaper, and safer advanced clean energy solutions. Terra Innovatum’s flagship product, the SOLO Micro-Modular
Nuclear Reactor (SOLO),