Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 473

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 473
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 are proportional to the percentage of quotas owned, and members are entitled to a share of profit and losses based on their ownership percentage. In March 2024, certain quotaholders transferred portions of their holdings to new and existing quotaholders, resulting in a revised ownership structure. No additional contributions or quota issuance have occurred during the year ending December 31, 2024. The transfer of quotas is subject to member approval, as outlined in the Company’s articles of incorporation. No dividends or distributions were declared for the year, in accordance with Italian regulations for early -stage“start -upinnovative” companies. Note 10 . Segment Information When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

|                                     |     | Years Ended  
 December 31, |    2024 |     |   |   2023 |
|:------------------------------------|:----|:-------------|--------:|:----|:--|-------:|
| General and administrative expenses |     | $            |  77,567 |     | $ |  2,358 |
| Development costs                   |     |              |  74,736 |     |   | 41,344 |
| Total operating expenses            |     | $            | 152,303 |     | $ | 43,702 |

F-60

Terra Innovatum, Srl.
Notes to the Financial Statements Note 1 1 . Income Taxes The key measures of segment profit or loss reviewed by the CODM are general and administrative expenses and development costs. General and administrative expenses and development costs are reviewed and monitored by the CODM to manage cash to ensure enough capital is available to complete a potential business combination with a SPAC. The CODM also reviews general and administrative and development costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. The Company is domiciled in Italy and is primarily subject to taxation in that country. Income (loss) before provision for income taxes consisted of the following:

|                                        |     | Years Ended December 31, 
 2024                     |         |   |     | 2023 |        |   |
|:---------------------------------------|:----|:-------------------------|:--------|:--|:----|:-----|:-------|:--|
| Loss before provision for income taxes |     | $                        | (23,207 | ) |     | $