Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 301

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 301
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 April 29, 2025  
 (inception) and 
 ended April 29, 
 2025            |        |
|:------------------------------------------|:----|:----------------|-------:|
| Cash flows from financing activities      |     |                 |        |
| Capital contributions                     |     | $               | 11,396 |
| Net cash provided by financing activities |     |                 | 11,396 |
| Effect of exchange rate changes on cash   |     |                 |      — |
| Net change in cash                        |     |                 | 11,396 |
| Cash at beginning of period               |     |                 |      — |
| Cash at end of period                     |     | $               | 11,396 |

<div align='center'>The accompanying notes are an integral part of these financial statements.

F-74

TERRA INNOVATUM GLOBAL S.R.L.
NOTES TO THE FINANCIAL STATEMENTS</div>

1. NATURE OF OPERATIONS

Terra Innovatum Global S.R.L. (“Terra Global”
or the “Company”), an Italian limited liability company limited by shares was formed on April 29, 2025, for the purpose
of becoming the ultimate parent company following the transactions contemplated in a merger agreement (the “Merger Agreement”)
entered into on April 21, 2025, by Terra Innovatum, Srl. (“Terra OpCo”), GSR III Acquisition Corp. (“GSR III”),
and other parties. See Note 5. Commitments and Contingencies for detail. The Company’s legal headquarters is in Lucca
Italy, San Marco district at Via Matteo Trenta No. 117.

2. LIQUIDITY AND GOING CONCERN

As of April 29, 2025, the Company has had no
operations. As of April 29, 2025, the Company had an aggregate cash balance of $11,396.

These factors raise substantial doubt regarding
the Company’s ability to continue as a going concern within one year of the date these financial statements were issued.

The Company is trying to alleviate the going concern
risk through the debt and equity financing in the United States (“U.S.”) capital market to support its working capital
after a merger transaction. However, there is no guarantee that the substantial doubt about the Company’s ability to continue
as a going concern will be alleviated. The ability of the Company to continue as a going