Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 244

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 244
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 the weighted average number of ordinary shares outstanding for the period. Accretion associated
with the redeemable ordinary shares is excluded from net income (loss) per ordinary share as the redemption value approximates fair value.

The calculation of diluted
income (loss) per ordinary share does not consider the effect of the rights issued in connection with the Initial Public Offering and
the Private Units since the exercise of the units is contingent upon the occurrence of future events. As of December 31, 2024 and 2023,
the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares
that then share in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same as basic net income
(loss) per ordinary share for the periods presented.

The following table reflects the calculation of
basic and diluted net income (loss) per ordinary share (in dollars, except share amounts):

|                                                |     | For the Year      
 Ended             
 December 31, 2024 |           |   |     |            |           |   |     | For the Period from 
 May 10, 2023        
 (Inception) through 
 December 31, 2023   |   |   |     |            |           |   |
|:-----------------------------------------------|:----|:------------------|----------:|:--|:----|:-----------|----------:|:--|:----|:--------------------|--:|:--|:----|:-----------|----------:|:--|
|                                                |     | Redeemable        |           |   |     | Non-       
 Redeemable |           |   |     | Redeemable          |   |   |     | Non-       
 Redeemable |           |   |
| Particulars                                    |     | Shares            |           |   |     | Shares     |           |   |     | Shares              |   |   |     | Shares     |           |   |
| Basic and diluted net income (loss) per share: |     |                   |           |   |     |            |           |   |     |                     |   |   |     |            |           |   |
| Weighted average shares outstanding            |     |                   | 3,330,601 |   |     |            | 5,811,182 |   |     |                     | — |   |     |            | 5,750