Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 90

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 90
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 Compensation, and Nominating/Corporate Governance 
 Committees.                                                                              |

<div align='center'>45</div>

Conversion of Bridge Loans

Upon the closing of the Merger,
all outstanding bridge loans were converted into an aggregate of 851,483 ordinary shares of Terra Innovatum Global N.V. at a conversion
price of $7.00 per share. In connection with the conversion, the Company issued to the lenders:

| ● | Warrants to                                                                          
 purchase up to 851,483 ordinary shares at an exercise price of $11.50 per share; and |

| ● | Warrants to                                                                      
 purchase up to 851,483 ordinary shares at an exercise price of $15.00 per share. |

These warrants have a term
of 36 months from the date of issuance and were issued pursuant to the terms of the amended bridge loan agreements.

Cash Flows

The following table provides
detailed information about our net cash flows for the nine months ended September 30, 2025 and 2024:

| Net cash (used in) provided by :                             |     | Nine Months Ended 
 September         
 30,               
 2025              |        |   |     | 2024 |    |
|:-------------------------------------------------------------|:----|:------------------|-------:|:--|:----|:-----|---:|
| Operating activities                                         |     | $                 | (3,688 | ) |     | $    | 12 |
| Investing activities                                         |     |                   |    (94 | ) |     |      |  - |
| Financing activities                                         |     |                   |  5,759 |   |     |      |  - |
| Effect of exchange rate changes on cash and cash equivalents |     |                   |    105 |   |     |      |  - |
| Net increase in cash                                         |     | $                 |  2,082 |   |     | $    | 12 |

Net Cash used in Operating Activities

Net cash used in operating
activities for the nine months ended September 30, 2025 was $3,688. This amount was related to (i) a net loss of $5,580, (ii) adjustments
to reconcile net loss to net cash used in operating activities of $599, offset by (iii) working capital changes of $2,394, and (iv) $97
in changes in other non-current liabilities.

Net cash provided by operating
activities for