Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 259

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 259
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 to Terra Innovatum Global, Srl. (the “Contribution”).
As a result of the Contribution, Terra Innovatum, Srl. became a wholly owned subsidiary of Terra Innovatum Global, Srl. This transaction
represents a transfer of ownership interests between entities under common control and is accounted for in accordance with ASC 805-50,
Business Combinations — Subtopic 50: Transactions Between Entities Under Common Control. Under this guidance, the assets
and liabilities of Terra Innovatum, Srl. were transferred to Terra Innovatum Global, Srl. at their carrying amounts as of the
date of transfer, with no recognition of goodwill or gain/loss. The Contribution also results in a change in the reporting entity under
U.S. GAAP, as Terra Innovatum Global, Srl. now serves as the ultimate parent company for financial reporting purposes. Comparative
financial statements have been retrospectively adjusted to reflect the financial position and results of operations of Terra Innovatum
Global, Srl. as if the entities had always been combined. (Also, see below in “Contribution of Ownership Interests.”)

On September 29, 2025, the
Company established GSR III Cayman Merger Sub as an exempted company under the laws of the Cayman Islands. The formation was executed
to support the transactions contemplated in the Merger Agreement. GSR III Cayman Merger Sub is a wholly-owned subsidiary of the Company.

Merger

Background

On April 21, 2025, Terra
Innovatum, Srl., GSR III, and such other parties that may become parties entered into the Merger Agreement. The following are the
transactions contemplated in the Merger Agreement:

Pre-Closing Restructuring

Terra Innovatum, Srl. has undergone
a pre-closing restructuring (the “Terra Innovatum, Srl. Pre-Closing Restructuring”):

<div align='center'>F-56</div>

Formation of Terra MergerCo

After the Terra Innovatum,
Srl. pre-closing Restructuring, Terra Innovatum Global, Srl. will form a Cayman Islands exempted company (“Terra MergerCo”)
as a direct, wholly owned subsidiary to complete the merger.

Closing Date

On the closing date of the
merger, Terra Innovatum Global, Srl. will be converted from an Italian limited liability company into a Dutch public limited company
named Terra Innovatum Global, N.V.