Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 98

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 98
---
483 ordinary shares at a conversion price of $7.00 per share. |

| ● | Issued bridge warrants to purchase 851,483 ordinary shares at $11.50 per share and 851,483 ordinary shares at $15.00 per share, each exercisable for 36 months. |

| ● | Implemented governance structures including Audit, Compensation, and Nominating/Corporate Governance Committees. |

Conversion of Bridge Loans

Upon the closing of the Merger, all of the Bridge
Loans (the Q3 Bridge Loans and the Bridge Loans discussed in “Bridge Loans” above) 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.

<div align='center'>48</div>

Cash Flows

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

| Net cash (used in) provided by:                              |     | Six Months Ended June 30, 
 2025                      |            |   |     | 2024 |       |   |
|:-------------------------------------------------------------|:----|:--------------------------|-----------:|:--|:----|:-----|------:|:--|
| Operating activities                                         |     | $                         | (1,371,162 | ) |     | $    | 2,347 |   |
| Financing activities                                         |     |                           |  4,983,870 |   |     |      |     — |   |
| Effect of exchange rate changes on cash and cash equivalents |     |                           |    290,562 |   |     |      |   (70 | ) |
| Net increase in cash                                         |     | $                         |  3,903,270 |   |     | $    | 2,277 |   |

Net Cash used in Operating Activities

Net cash used in operating activities for