Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 51

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 51
---
 Denial or delay in approvals abroad could materially and adversely affect our business outside
of the United States.

Our customers could incur substantial costs as a result of violations of, or liabilities under, environmental laws.

The operations and properties of our customers
are subject to a variety of federal, state, local and foreign environmental, health and safety laws and regulations governing, among
other things, air emissions, wastewater discharges, management and disposal of hazardous, non-hazardous and radioactive materials and
waste and remediation of releases of hazardous materials. Although Terra Innovatum’s business is to design and sell technology
rather than to construct and own or operate power plants, we must design our technology so it complies with such laws and regulations.
Compliance with environmental requirements could require our customers to incur significant expenditures or result in significant restrictions
on their operations, and the failure to comply with such laws and regulations, including failing to obtain any necessary permits, could
result in substantial fines or enforcement actions, including regulatory or judicial orders enjoining or curtailing operations or requiring
our customers to conduct or fund remedial or corrective measures, install pollution control equipment or perform other actions. More
vigorous enforcement by regulatory agencies, the future enactment of more stringent laws, regulations or permit requirements, including
relating to climate change, or other unanticipated events may arise in the future and adversely impact the market for our products or
demand for our products from our customers, which could materially and adversely affect our business, financial condition and results
of operations.

Our MMRs may not qualify as low-emissions or emissions-free pursuant to regulatory or incentive frameworks that consider emissions on a lifecycle basis or that otherwise account for fuel-cycle emissions or energy consumption.

While our MMRs generate no air emissions during
operations, including no so-called greenhouse gases, our MMRs may nonetheless not qualify as providers of emissions-free, carbon-free,
low-carbon or similar generating resources under emissions-limitation schemes that assess emissions on a lifecycle basis or that otherwise
consider emissions from energy consumed in our fuel cycle. The failure of our MMRs to qualify for inclusion in emissions reduction or
climate change related emissions control schemes, or emissions-based incentive programs may result in higher costs or lower revenues
for us or our customers, and may adversely impact the demand for our products from our customers, which could materially and adversely
affect our business, financial condition and results of operations.

We may become involved in litigation that may materially adversely affect us.

From time to time,