Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 62

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 62
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 the dividend. Any dividend policy, once adopted, will be subject to change based on changes in statutory requirements, market trends,
strategic developments, capital requirements and a number of other factors. In addition, under the Articles of Association and Dutch law,
dividends may be declared on the Ordinary Shares only if the amount of equity exceeds the paid up and called up capital plus the reserves
that have to be maintained pursuant to Dutch law or the Articles of Association. Further, even if we are permitted under the Articles
of Association and Dutch law to pay cash dividends on our shares, we may not have sufficient cash to pay dividends in cash on our shares.
We will be a holding company and our operations will be carried out through our subsidiaries. As a result, our ability to pay dividends
will primarily depend on the ability of our subsidiaries to generate earnings and to provide us with the necessary financial resources.

It may be difficult to enforce U.S. judgments against us.

We are a company incorporated under the laws of
the Netherlands, and a substantial portion of our assets are outside of the United States. Many of our directors and senior management
will be resident outside the United States, and all or a substantial portion of our respective assets may be located outside the
United States. As a result, it may be difficult for U.S. investors to effect service of process within the United States
upon these persons. It may also be difficult for U.S. investors to enforce within the United States judgments predicated upon
the civil liability provisions of the securities laws of the United States or any state thereof. In addition, there is uncertainty
as to whether the courts outside the United States would recognize or enforce judgments of U.S. courts obtained against us or
our directors and officers predicated upon the civil liability provisions of the securities laws of the United States or any state
thereof. Therefore, it may be difficult to enforce U.S. judgments against us, our directors and officers and independent auditors.

Fluctuations in Foreign Currency Exchange Rates and Withholding Taxes May Adversely Affect Our Results of Operations and Cash Flows

The financial statements included in this registration
statement are presented in U.S. dollars, while a substantial portion of Terra Innovatum Global S.r.l.’s revenues, expenses and capital
expenditures are denominated in euros. Accordingly, we are exposed to fluctuations in the euro/U.S. dollar exchange rate, which may have
a material adverse effect on our results of operations and cash flows. For example,