Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 432

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 432
---
 |   |
| Denominators:                           |     |                            |            |                |     |   |           |            |     |                            |   |                |     |   |           |   |
| Weighted average shares outstanding     |     |                            | 23,000,000 |                |     |   | 6,172,500 |            |     |                            | — |                |     |   | 5,750,000 |   |
| Basic and diluted net income per share  |     | $                          |       0.04 |                |     | $ |      0.04 |            |     | $                          | — |                |     | $ |         — |   |

Stock-Based Compensation The Company recognizes compensation costs resulting from the issuance of stock -basedawards to directors as an expense in the financial statement over the requisite service period based on a measurement of fair value for each stock -basedaward. The fair value is amortized as compensation cost on a straight -linebasis over the requisite service period of the awards. The Black -Scholes -Mertonoption -pricingmodel includes various assumptions, including the fair market value of the estimated stock price of the Company, expected life of shares, the expected volatility and the expected risk -freeinterest rate, among others. These assumptions reflect the Company’s best estimates, but they involve inherent uncertainties based on market conditions generally outside the control of the Company. Recent Accounting Standards Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. NOTE 3. INITIAL PUBLIC OFFERING Pursuant to the Initial Public Offering, the Company sold 23,000,000 Units (including underwriters’ over -allotmentexercise of 3,000,000 Units) at a purchase price of $10.00 per Unit, generating gross proceeds of $230,000,000 to the Company which was placed in the Trust Account. Each Unit consists of one Class A ordinary share and one -seventhof one public right (the “Public Right”). Each whole right entitles the holder thereof to purchase one Class A ordinary share at a price of $10.00 per share. No fractional rights will be issued upon separation of the Units and only whole rights will trade. The underwriters have exercised their over -allotmentoption on consummation of the Initial Public offering to purchase 3,000,000 additional units to