Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 32

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 32
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 disposal occurred in compliance with environmental laws. These matters could have an adverse
effect on our financial condition.

Additionally, we may be responsible for decontamination
or decommissioning of facilities where we conduct, or previously conducted, operations. Activities of our contractors, suppliers or other
counterparties similarly may involve toxic, hazardous, and radioactive materials and we may be liable contractually, or under applicable
law, to contribute to remedy damages or other costs arising from such activities, including the decontamination or decommission of third-party
facilities.

In the United States, the nuclear liability
law codified at 42 U.S.C. 2210 (along with subsequent amendments, the “Price-Anderson Act”) and applicable NRC regulations
and corresponding insurance requirements channel liability to the nuclear operator of a nuclear power plant for third-party offsite damages
caused by a nuclear incident or a precautionary evacuation due to a possible or actual nuclear incident. U.S. law is substantially
similar in effect to global nuclear liability regimes wherein operators are subject to robust financial protection regimes, such as required
insurance policies or government indemnification, to cover the operator’s financial risk in the event of a nuclear incident that
gives rise to third-party offsite liability. If, however, an incident or precautionary evacuation is not covered under such a nuclear
liability regime, we could be financially liable for damages arising from such incident or evacuation, which could have an adverse effect
on our results of operations and financial condition.

The Price-Anderson Act does not, however, cover
on-site loss or damage to property due to a nuclear incident. Rather, the NRC, like many nuclear regulators around the world, requires
nuclear operators to maintain on-site property damage insurance. If an incident resulting in onsite property damage is not otherwise
covered by the mandatory insurance policy maintained at the facility, then we could be potentially liable for damages arising from such
incident, which could have an adverse effect on our results of operations and financial condition.

In our contracts, we seek to protect ourselves
from liability, but there is no assurance that such contractual limitations on liability will be effective in all cases or in all jurisdictions.
The costs of defending against a claim arising out of a nuclear incident or precautionary evacuation not otherwise covered by insurance,
and any damages awarded as a result of such claim, could adversely affect our results of operations and financial condition.

Unresolved spent nuclear fuel storage and disposal issues and associated costs could have a significant negative impact on