Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 316

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 316
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 notes thereto, included elsewhere in this proxy statement / prospectus. The discussion and analysis should also be read together with Pubco’s unaudited pro forma combined financial information as of and for the three months ended March 31, 2025 and March 31, 2024 as well as of and for the years ended December 31, 2024 and December 31, 2023, and the respective notes thereto. See “Unau dited Pro Forma Condensed Combined Financial Information.” This discussion may contain forward -looking statements based upon current expectations that involve risks and uncertainties. Terra’s actual results may differ materially from those anticipated in these forward -looking statements as a result of various factors, including those set forth under “Risk Factors” or in other parts of this proxy statement / prospectus. Unless the context otherwise requires, references in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations of Terra” to “we”, “our” and “the Company” refer to the business and operations of Terra Innovatum, Srl. prior to the Business Combination and to Terra Innovatum, Srl. following the consummation of the Business Combination. Company Overview Terra Innovatum is a pioneering nuclear energy technology company developing the SOLO Micro -ModularNuclear Reactor (“SOLO”), a breakthrough solution designed to address critical challenges in clean energy production. Our reactor represents a significant technological and engineering advancement, offering a compact, safe, and economically compelling alternative to traditional energy infrastructure. The SOLO reactor’s core innovation lies in its ability to generate 1 MWe of electricity baseload with a continuous operational cycle of up to 15 years, extendable to 45 years through strategic refueling, with a fixed and competitive projected levelized cost of energy. SOLO design is characterized by a small footprint and a highly modularity able to cover carbon -freeenergy needs ranging from MW to GW. Our strategic roadmap targets commercial deployment by 2028, with a clear focus on delivering a scalable, modular nuclear solution that can be deployed across diverse markets — from industrial and infrastructure to remote and off -gridapplications. Key differentiators include our gas -cooleddesign, multiple safety shutdown mechanisms, safeguard -by -design, small footprint, and the ability to use commercially available Low Enriched Uranium (“LEU”), which significantly reduces regulatory and technological barriers typical in nuclear energy development. We have made substantial progress in de -riskingits First -of - a-Kind(“FO