Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 128

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 128
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SR III Rights (see Note 3(j)). The conversion  
 of the shares resulted in a $104.3 thousand reduction to additional paid-in capital, which       
 represents the excess par value of PubCo Ordinary Shares over the par value of GSR III Class     
 A Ordinary Shares and GSR III Class B Ordinary Shares, respectively.                             |

<div align='center'>74</div>

| (q) | To reflect the redemption of 14,475,606 issued and outstanding                                  
 GSR III Class A Ordinary Shares subject to possible redemption immediately prior to the Closing 
 for a total cash payment of $150.4 million at an approximate redemption price of $10.39 per     
 share.                                                                                          |

The redemptions satisfy both the GSR III Available Cash
requirement and the $5,000,001 minimum net tangible asset requirement set forth in the Business Combination Agreement. The $5,000,001
minimum net tangible asset requirement set forth in section 9.1(f) of the Business Combination Agreement applies to GSR III’s net
tangible assets immediately prior to the Closing.

The GSR III Available Cash requirement set forth in section
9.1(e) of the Business Combination Agreement requires that GSR III have at least $25.0 million in available cash at Closing.

The tables below present the calculation demonstrating that the GSR
III net tangible asset requirement and the GSR III Available Cash requirement are met:

| (in thousands)                                                               |     | Actual      
 Redemptions |          |   |
|:-----------------------------------------------------------------------------|:----|:------------|---------:|:--|
| Historical net assets of GSR III as of September 30,                         
 2025                                                                         |     | $           |  227,550 |   |
| Dividends                                                                    
 on investments held in the Trust Account subsequent to September 30, 2025(1) |     |             |      156 |   |
| Actual redemptions of GSR III Class A Ordinary                               
 shares subject to possible redemption                                        |     |             | (150,356 | ) |
| GSR III net assets immediately prior to Closing                              |     | $           |   77,350 |   |

| (in thousands)                                                                         
 GSR III net tangible assets immediately prior to                                       
 Closing:                                                                               |     | Actual      
 Redemptions |             |   |
|:---------------------------------------------------------------------------------------|:----|:------------|------------:|:--|
| Cash and investments held in