Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 252

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 252
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 Public Offering and Private Placement, respectively.

The gross proceeds of the
Initial Public Offering were allocated to the public rights based on relative value, with $4,107,143 recorded in shareholders’ equity
related to the rights at November 8, 2024. The rights are not remeasured to fair value on a recurring basis.

As of December 31, 2024,
there were 3,285,714 public rights and 60,357 private rights included in the Placement Units outstanding. Each holder of one right will
receive one Class A ordinary share upon consummation of the initial Business Combination, whether or not the Company will be the surviving
entity, even if the holder of a public right converted all Class A ordinary shares held by them or it in connection with the initial
Business Combination or an amendment to the Company’s memorandum and articles of association with respect to Company’s pre-Business
Combination activities. In the event the Company will not be the survivor upon completion of the initial Business Combination, each holder
of rights will be required to affirmatively convert their rights in order to receive the Class A ordinary shares underlying the rights
(without paying any additional consideration) upon consummation of the Business Combination. The Company will not issue fractional Class
A ordinary shares in connection with an exchange of rights. No fractional shares will be issued upon exchange of rights. No additional
consideration will be required to be paid by a holder of rights in order to receive its additional shares upon consummation of a Business
Combination. If the Company is unable to complete an initial Business Combination within the required time period and the Company liquidates
the funds held in the Trust Account, holders of rights will not receive any of such funds with respect to their rights, nor will they
receive any distribution from the Company’s assets held outside of the Trust Account with respect to such rights, and the rights
will expire worthless. Further, there are no contractual penalties for failure to deliver securities to the holders of the rights upon
consummation of an initial Business Combination. Accordingly, the rights may expire worthless.

<div align='center'>F-34

GSR III ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS</div>

NOTE 8. FAIR VALUE MEASUREMENTS

The fair value of the Company’s
financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with
the sale of the assets or paid in connection with the transfer