Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 391

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 391
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 each, and 8,040 PubCo Preferred Shares with a nominal value of €100.00 each. Upon the consummation of the Business Combination, all issued and outstanding PubCo Ordinary Shares and PubCo Preferred Shares will have been fully paid up. Under Dutch law, the authorized share capital is the maximum share capital that PubCo may issue without amending the PubCo Articles of Association. Pursuant to the PubCo Articles of Association, the PubCo Ordinary Shares and the PubCo Preferred Shares will be held in registered form. No share certificates will be issued. Conversion of Pubco Preferred Shares into Ordinary Shares As outlined in the PubCo Articles of Association, each PubCo Preferred Share can be converted into 10,000 PubCo Ordinary Shares. Upon fulfillment of the contractual conversion conditions as included in the Business Combination Agreement as determined by the PubcCo board of directors (i) voluntarily or (ii) at the request of a holder of PubCo Preferred Shares, the PubCo board of directors shall convert the PubCo Preferred Shares held by the PubCo shareholders into PubCo Ordinary Shares in the ratio as included in the aforementioned sentence. The request to convert of a holder of PubCo Preferred Shares shall be made in writing and shall specify the number and numbering of PubCo Preferred Shares to be converted. The conversion of one or more PubCo Preferred Shares will only take effect upon the issuance by the PubCo board of directors of a confirmation that the contractual conversion conditions as included in the Business Combination Agreement are met. The conversion of a PubCo Preferred Share shall take place as of the date of the issuance of such confirmation by the PubCo board of directors, or on such later date as the PubCo board of directors shall indicate in the respective confirmation. 209 Upon the conversion of a PubCo Preferred Share, a proportionate part of the special dividend reserve as maintained by PubCo attached to that PubCo Preferred Share, will be reallocated to the respective reserve(s) attached to the PubCo Ordinary Shares that the PubCo Preferred Share is being converted into. Issuance of Shares Based on the PubCo Articles of Association, PubCo Ordinary Shares and PubCo Preferred Shares shall be issued or rights to subscribe for PubCo shares may be granted pursuant to a resolution of the PubCo board of directors if the board of directors has been designated thereto by the PubCo general meeting for a specific period and with due observance of applicable statutory provisions. Designation by resolution of the PubCo general meeting cannot be withdrawn unless determined otherwise at the time