Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 519

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 519
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 $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. Note 10. Fair Value Measurements The authoritative guidance on fair value measurements establishes a three -tierfair value hierarchy for disclosure of fair value measurements as follows:

| Level 1 — |     | Quoted prices for identical assets or liabilities in active markets.                                                                                                                                                                                                                                                |
| Level 2 — |     | Inputs other than quoted prices within Level 1 that are observable either directly or indirectly, including quoted prices in markets that are not active, quoted prices in active markets for similar assets or liabilities, and observable inputs other than quoted prices such as interest rates or yield curves. |
| Level 3 — |     | Unobservable inputs reflecting management’s view about the assumptions that market participants would use in pricing the asset or liability.                                                                                                                                                                        |

Assets and liabilities measured at fair value are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires management to make judgments and consider factors specific to the asset or liability.

F-63 Terra Innovatum Global, Srl.
Notes to the Consolidated Financial Statements
(Unaudited) Note 10. Fair Value Measurements (cont.) Financial Instruments Not Recorded at Fair Value The Company’s financial instruments include cash and cash equivalents, accounts payable, prepaids, accrued expenses, due from related parties, the Bridge Loans, and a note payable — related party. The recorded carrying amounts of these accounts approximate their fair value due to their short -termnature. Note 11. Quotaholders’ Equity (Deficit) The Company is an Srl., which is an Italian limited liability company similar to a limited liability company in the United States. Unlike corporations that issue shares of stock, the Company’s Articles of Incorporation designate ownership in the form of quotas, which represent its corporate capital. Corporate Capital As an Srl., the Company’s ownership structure is defined by “corporate capital” and “quotas” rather than shares, stock or units. As of June 30, 2025 and December 31, 2024, the total authorized, subscribed and paid -upcapital was $14,933 and $3,160, respectively, consisting of quotas from founders and investors. Voting rights are