Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 254

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 254
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 as components of an enterprise for which separate
financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding
how to allocate resources and assess performance.

The Company’s chief
operating decision maker (“CODM”) has been identified as the Co-Chief Executive Officers, who collectively review the operating
results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management
has determined that the Company only has one operating segment.

When evaluating the Company’s
performance and making key decisions regarding resource allocation, the CODM reviews several key metrics, formation and operational costs
and dividend earned on investments held in Trust Account which include the accompanying statements of operations.

<div align='center'>F-35

GSR III ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS</div>

NOTE 9. SEGMENT INFORMATION(cont.)

The key measures of segment
profit or loss reviewed by our CODM are interest earned on investments held in Trust Account and formation and operational costs. The
CODM reviews dividend earned on investments held in Trust Account to measure and monitor stockholder value and determine the most effective
strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement. Formation and operational costs
are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination
within the business combination period. The CODM also reviews formation and operational costs to manage, maintain and enforce all contractual
agreements to ensure costs are aligned with all agreements and budget.

NOTE 10. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date when these financial
statements were issued. Based on this review, the Company did not identify any subsequent events that would require adjustment or disclosure
in the financial statements, other than the event described below.

Business Combination
Agreement

On April 21, 2025, the Company
entered into a business combination agreement (the “Business Combination Agreement”) with Terra Innovatum s.r.l., an Italian
limited liability company (“Terra Innovatum”). Pursuant to the terms of the Business Combination Agreement, the Company, Terra
Innovatum and their related parties will undertake a series of reorganizations, equity issuances, and purchases, resulting in the Company
becoming a wholly owned subsidiary of a Dutch public limited liability company (“Pubco”), which will be formed as part of
the transaction