Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 334

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 334
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 over the term of the loans using the effective interest method. The effective interest rates on the Bridge Loans range from 22.72% to 153.73%. The weighted average interest rate as of June 30, 2025 is 99.74%. As of June 30, 2025, the aggregate principal amount outstanding of the Bridge Loans, including interest paid in kind, was $5,108,545. The Bridge Loans are presented net of unamortized debt discount of $2,402,913 and issuance costs of $12,085, resulting in a net carrying value of $2,693,547. Alliance Advisors, LLC Agreement On May9, 2025, we entered into an engagement letter with Alliance Advisors, LLC (“Alliance”) which outlines the terms under which Alliance will provide investor relations and advisory services to us starting May1, 2025. Alliance will implement a financial communications program and receive a monthly fee of approximately $16,500 consisting of $10,000 in cash and $6,500 deferred until the Merger closes. A $75,000 success fee is also due upon a successful Nasdaq listing. The agreement includes provisions for additional services, expense reimbursements, and a 3% service fee for access to market intelligence tools. The engagement letter expires on April30, 2026, however, has automatic annual renewals unless terminated with notice. If we do not complete the closing of the Merger by October31, 2025, we will pay the deferred monthly fee in the aggregate amount of $39,000 by November30, 2025. As of June30, 2025, we have paid $15,895 in fees to Alliance. 167 Paragon On June17, 2025, we entered into an engineering services agreement with Paragon Energy Solutions (“Paragon”). The agreement outlines a time -and-materialsagreement for engineering study and support related to SOLO. Paragon will provide services including defining and documenting reactor protection systems, engineered safety features actuation systems and nuclear instrumentation system requirements, developing specifications, and collaborating with ABB Ltd. on non -safetydistributed control systems. The hourly rate for engineering services is $257/hr. The contract allows us to suspend work if cost expectations for FOAK and commercial units are misaligned. August Bridge Loans In July 2025, three lenders committed that they would loan us $130,000, in the aggregate, to be evidenced by unsecured debt note subscription agreements.