Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 116

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 116
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 exercise of the outstanding GSR III Rights at the
Closing.

Pursuant to the Business Combination Agreement,
former quotaholders of Terra Innovatum received an aggregate of 47,500,000 PubCo Ordinary Shares, each share having one vote. The former
quotaholders of Terra Innovatum held approximately 67.6% of the total voting rights in PubCo at the Closing. The table directly below
presents shares outstanding and the pro forma voting rights on the Closing Date as depicted in the unaudited pro forma condensed combined
balance sheet. This table excludes PubCo Preferred Shares issued to legacy Terra Innovatum Global Quotaholders and PAC in the amount
of 8,000 and 40, respectively.

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Additionally, this table excludes 1,000,000 potentially
issuable PubCo Ordinary Shares underlying the warrant issued to PAC as a success fee upon the Closing (see Note 3(i)), 1,702,966 potentially
issuable PubCo Ordinary Shares to certain Bridge Loan lenders upon the exercise of warrants issued upon the Closing, 2,762,625 potentially
issuance PubCo Ordinary shares upon the exercise of the PIPE Warrants (see Note 3(aaa)), and 10,000 potentially issuable Pubco Ordinary
Shares to a third party upon the exercise of a warrant issued as a finder’s fee upon the Closing.

|                                                                   |     | Actual Redemptions |            |     |             |       |   |
|                                                                   |     | Shares             |            |     | % Ownership |       |   |
| PubCo                                                             
 Ordinary Shares held by Terra Innovatum Global Quotaholders(1)    |     |                    | 47,500,000 |     |             |  67.6 | % |
| PubCo                                                             
 Ordinary Shares held by GSR III public shareholders(2)            |     |                    | 11,810,108 |     |             |  16.8 | % |
| PubCo                                                             
 Ordinary Shares held by Sponsor and related parties of Sponsor(3) |     |                    |  6,232,857 |     |             |   8.9 | % |
| PubCo                                                             
 Ordinary Shares held by unrelated third parties(4)                |     |                    |  1,074,483 |     |             |   1.5 | % |
| PubCo                                                             
 Ordinary Shares underlying the PIPE Financing(