Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 510

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 510
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 transfer, with no recognition of goodwill or gain/loss. The Contribution also results in a change in the reporting entity under U.S. GAAP, as Terra Innovatum Global, Srl. now serves as the ultimate parent company for financial reporting purposes. Comparative financial statements have been retrospectively adjusted to reflect the financial position and results of operations of Terra Innovatum Global, Srl. as if the entities had always been combined. (Also, see below in “Contribution of Ownership Interests.”) Merger Background On April 21, 2025, Terra Innovatum, Srl., GSR III, and such other parties that may become parties entered into a merger agreement (the “Merger Agreement”). The following are the transactions contemplated in the Merger Agreement: Pre-Closing Restructuring Terra Innovatum, Srl. has undergone and will undergo a pre -closingrestructuring (the “Terra Innovatum, Srl. Pre -ClosingRestructuring”): • Formation of Terra Innovatum Global, Srl.: On April29, 2025, Terra Innovatum Global, Srl. was created with the same owners and ownership percentages as Terra Innovatum, Srl. F-55 Terra Innovatum Global, Srl.
Notes to the Consolidated Financial Statements
(Unaudited) Note 1. Organization (cont.) • Contribution of Ownership Interests: June23, 2025, the Terra Innovatum, Srl. quotaholders, who collectively own 100% of both Terra Innovatum Global, Srl. and Terra Innovatum, Srl. effected the Contribution. As a result of the Contribution, Terra Innovatum, Srl. became a wholly owned subsidiary of Terra Innovatum Global Srl. • Conversion: Immediately after the Contribution and before any PIPE or alternative financing, Terra Innovatum Global, Srl. will be converted from an Italian limited liability company into a Dutch public limited company. Formation of Terra MergerCo After the Terra Innovatum, Srl. pre -closingRestructuring, Terra Innovatum Global, Srl. will form a Cayman Islands exempted company (“Terra MergerCo”) as a direct, wholly owned subsidiary to complete the merger. Closing Date On the closing date of the merger, GSR III will continue as the surviving entity and become a wholly owned subsidiary of Terra Innovatum Global, Srl. At the effective time of the Merger, each outstanding ordinary share of GSR III will be exchanged for one ordinary share of Terra