Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 189

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 189
---
the FRSA, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, “AFM”) supervises
the application of financial reporting standards by, among others, companies whose corporate seats are in the Netherlands and whose securities
are listed on a regulated market within the EU or on an equivalent third (non-EU) country market.

Pursuant to the FRSA, the AFM has an independent
right to (i) request an explanation from Terra regarding the application of the applicable financial reporting standards if, based
on publicly known facts or circumstances, it has reason to doubt Terra’s financial reporting meets such standards and (ii) recommend
to Terra that it makes available further explanations. If Terra does not comply with such a request or recommendation, the AFM may request
that the Dutch Enterprise Chamber orders Terra to (i) provide an explanation on the way it has applied the applicable financial
reporting standards to its financial reports or (ii) prepare its financial reports in accordance with the Dutch Enterprise Chamber’s
instructions.

Certain Insider Trading and Market Manipulation Laws

Dutch law contains rules intended to prevent
insider trading and market manipulation.

On July 3, 2016, the Regulation (EU) No
596/2014 of the European Parliament and of the Council of April 16, 2014 (the “MAR”) replaced all of the Dutch market
abuse rules. The MAR does not apply to Terra or to the Terra Ordinary Shares as the Terra Ordinary Shares will solely be listed on the
Nasdaq, a stock exchange outside the European Economic Area. As a result, there are no EU rules or Dutch rules applicable to Terra relating
to market abuse, such as insider trading, tipping, market manipulation and notification rules for director dealings.

Exchange Controls

Under Dutch law, there are no exchange control
restrictions on investments in, or payments on, the Terra Ordinary Shares. There are no special restrictions in the Terra Articles of
Association or Dutch law that limit the right of shareholders who are not citizens or residents of the Netherlands to hold or vote the
Terra Ordinary Shares.

<div align='center'>114

LEGAL MATTERS</div>

The validity of the securities being offered
by this registration statement will be passed upon for us by Loyens & Loeff N.V., Dutch counsel to Terra Innovatum.

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

The financial statements of Xit Corp. (formerly
GSR III Acquisition Corp.) as of